BSEBondada Engineering LtdMediumPositive
Announced Mon, 24 Nov · 13:20 IST

Intimation of receipt of ICAT approval certificate.

Regulatory Product ApprovalBusiness Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bondada Engineering announced that its subsidiary Atpole Technologies Private Limited has received ICAT certification for its BLDC Hub Motor 6-inch 250W Tricycle Motor, designed for electric vehicle (e-rickshaw) applications. The subsidiary already holds ICAT approvals for 10-inch (800W, 1500W) and 12-inch (2kW) BLDC Hub Motors, as well as 12-inch rear wheel rims, so this expands its certified EV motor portfolio. ICAT operates under the National Automotive Board, Government of India, and certification followed evaluation of the company's R&D capabilities. The filing was made to BSE under SEBI Listing Obligations Regulation 30.

Likely market impact

Positive signal — adds a new certified EV product to the subsidiary's portfolio, strengthening credibility in the electric mobility space, though no revenue figures or order wins were disclosed alongside this approval.