Bondada Engineering Board Approves Dividend, Migration Plan

Bondada Engineering Limited's Board of Directors met on July 24, 2026, approving the Director's Report and Cost Auditor's Report for FY26. The board recommended a final dividend of 14% for FY25-26 and set August 14, 2026, as the record date. Key decisions included authorizing borrowing powers up to ₹10,000 Crs and creation of security. A significant approval was the migration of equity shares from BSE SME to BSE Main Board and NSE, subject to member approval via postal ballot. The board also approved the appointment of auditors for FY26-27 and authorized fundraising up to ₹500 Crs through NCDs or other options. The AGM for FY25-26 is scheduled for August 21, 2026.