Bondada Engineering Ltd Secures Order for BSNL Telecom Towers Worth Rs. 10.44 Crore
Bondada Engineering Limited has secured a purchase order from Veremax Technologie Services Limited for the supply of BSNL 40-Meter Telecom Towers, including Foundation Bolts and Templates. The order is designated for various locations across South India.The contract will be executed through Bondada Green Engineering Private Limited, the manufacturing subsidiary of Bondada Engineering Limited. This subsidiary utilizes state-of-the-art tower manufacturing facilities to support the group's presence in the telecom infrastructure segment.
The transaction represents a domestic order and highlights ongoing demand for high-quality telecom infrastructure products manufactured by the company. The execution period for the delivery is scheduled within 3 months.
Order Specifications and Financial Details
| Particulars | Details |
|---|---|
| Entity Awarding Order | Veremax Technologie Services Limited |
| Nature of Order | Supply of BSNL 40MTR Towers, Foundation Bolts and Templates |
| Entity Type | Domestic Entity |
| Order Size | Rs. 10,44,30,000 |
| Execution Timeline | Delivery within 3 Months |
The company confirmed that the order does not involve any promoter group interest or fall under related party transactions.
Stock Price Movement
As of 14:15, Bondada Engineering Ltd shares are ticking down to ₹291.65, representing a 0.14% decline. The stock is currently navigating a wide intraday spread between a low of ₹287.60 and a high of ₹296.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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