Intimation of appointment of CEO.
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Bondada Engineering has appointed Rear Admiral Sreenivas Ratnam (Retd) as the Chief Executive Officer of the Bondada Group, effective August 4, 2025. He is a former Indian Naval Officer with approximately 35 years of distinguished service, having held senior leadership roles including ADG Acquisition Tech (Maritime & Systems) at the Ministry of Defence and Principal Director of Indigenisation. He has managed capital acquisitions worth over ₹1,80,000 crores and played a key role in shaping India's Defence Acquisition Procedure (DAP) 2020. He is a recipient of the Vishisht Seva Medal (VSM) from the President of India in 2014. The company stated this appointment is expected to bring strategic value in leadership, defence technologies, project execution, and public sector collaboration.
The appointment of a highly decorated ex-Navy leader signals a strategic push by Bondada Engineering into defence and public sector projects, which could expand its addressable market and project execution capabilities. For shareholders, this is a positive governance and capability signal, though the actual impact will depend on how successfully the company converts defence-sector relationships into new business.