Bondada Engineering Ltd. Secures INR 625 Crores in Fresh Sanctions & Limit Enhancements from PNB, HDFC, and CSB Banks

Bondada Engineering Limited has received fresh sanction of bank limits from Punjab National Bank (PNB) and enhancement of existing bank limits from HDFC Bank and CSB Bank. The new and enhanced credit facilities amount to INR 200.00 Crores from PNB, INR 210.00 Crores from HDFC Bank, and INR 125.00 Crores from CSB Bank. This development significantly strengthens the Company’s working capital position, enhances its ability to execute projects efficiently, and ensures timely delivery of both ongoing and upcoming projects. It also represents an important milestone in the Company’s growth trajectory, particularly in the renewable energy segment. The continued support from reputed banking institutions reflects strong confidence in the Company’s operational track record, financial discipline, and long-term strategic vision.