StockWatch
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Telecom - Infrastructure
Clarification7 May 2026, 08:21 pm

Bondada Engineering Clarifies News Report on Project Allocation

AI Summary

Bondada Engineering Ltd clarified that it has been regularly sharing all price-sensitive information with stock exchanges, referencing a prior disclosure on May 23, 2025, regarding the allocation of a 2000 MW AC / 2600 MWp DC Solar Power Project by the Government of Andhra Pradesh. The company stated that there was no undisclosed event prior to the news report that required disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015. Bondada Engineering attributes share price movements to market factors and affirms its commitment to regulatory compliance.

Key Highlights

  • Bondada Engineering confirms adherence to SEBI (LODR) Regulations, 2015.
  • Company clarifies that all price-sensitive information is regularly disclosed.
  • Share price movement is attributed to market conditions, not internal factors.
  • Reference made to May 23, 2025 disclosure regarding Andhra Pradesh solar project.