Bondada Engineering EGM on Nov 21, 2026 for ₹10,000 Cr approvals

Bondada Engineering Limited has announced an Extra Ordinary General Meeting (EOGM) to be held on November 21, 2026, via Video Conferencing. The primary agenda items include seeking shareholder approval for transactions under Section 185 and Section 186 of the Companies Act, 2013. This involves authorizing the Board to advance loans, give guarantees, and provide securities to subsidiaries, associate companies, and joint ventures, with an aggregate limit of ₹2,000 Crore. Additionally, the EGM will consider and approve the creation of securities under Section 180(1)(a) and borrowings under Section 180(1)(c) of the Companies Act, 2013, with a combined limit of up to ₹10,000 Crore. These approvals are crucial for the company's future financial flexibility and strategic investments.