Bondada Engineering Limited has incorporated a new wholly owned subsidiary, Bondada International FZ-LLC, in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates, marking an important step in the company’s international expansion strategy. The company disclosed the development through regulatory filings submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 10, 2026.
The newly established subsidiary will function as an overseas holding entity for Bondada Engineering, providing a structured platform to explore international business opportunities, expand into new geographical markets, and develop strategic partnerships with global companies. The move is expected to strengthen the company’s presence in international markets and support its long-term business growth plans.
Bondada International FZ-LLC will primarily focus on business opportunities across renewable energy, Battery Energy Storage Systems (BESS), telecommunications, and broader energy and power infrastructure sectors. These areas align with the company’s existing business operations and its strategy to expand its capabilities across emerging infrastructure and clean energy markets.
According to the regulatory disclosure made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, Bondada Engineering holds 100% of the paid-up equity share capital of the newly incorporated subsidiary. The company acquired the entire shareholding through a cash subscription of 20 equity shares, each having a face value of AED 1,000. The total initial investment amounts to AED 20,000.
The company also clarified that the transaction does not fall under related-party transactions. Furthermore, all required governmental and regulatory approvals for establishing the subsidiary have been obtained.
The incorporation of Bondada International FZ-LLC represents a strategic move to establish an international business structure and facilitate overseas operations. Through this subsidiary, Bondada Engineering aims to identify new growth opportunities, strengthen global partnerships, and expand its business footprint beyond India, particularly across renewable energy, energy storage, telecommunications, and power infrastructure markets.
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