Intimation of incorporation of subsidiary

BEL/BSE/SEP/2026/002 Date: Sep 2nd, 2026 The Secretary, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 543971 Symbol: BONDADA Sub: Disclosure regarding incorporation of Bondada Hindupur BESS Project Private Limited – Wholly Owned Subsidiary of Bondada Engineering Limited Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that Bondada Hindupur BESS Project Private Limited (“BHBPL”) was incorporated as a wholly owned subsidiary of Bondada Engineering Limited (“BEL”), with the specific objective of developing, owning, operating and maintaining the 225 MW / 450 MWh Battery Energy Storage System (“BESS”) Project awarded by AP Transco under the Build-Own-Operate (“BOO”) model. BHBPL has been established as a dedicated Special Purpose Vehicle (“SPV”) to undertake the development and execution of the project, including project financing, procurement, construction, commissioning, ownership, operation and maintenance, as applicable under the project agreements. The project is designed to provide grid-scale energy storage capacity and associated energy management services, supporting the evolving power requirements of Andhra Pradesh. The BESS infrastructure is expected to play an important role in facilitating renewable energy integration, grid balancing, peak-load management and enhanced power-system flexibility. Strategic Significance for Bondada Engineering The BESS project marks an important step in BEL’s expansion into the rapidly growing energy-storage and energy-transition infrastructure segment. With increasing renewable energy penetration, large-scale energy storage is expected to play a critical role in providing grid flexibility, balancing capacity and reliable power management. Through BHBPL, BEL aims to leverage its execution capabilities and infrastructure experience to establish a strong presence in utility-scale energy storage, while diversifying its portfolio into high-growth infrastructure opportunities. The project is aligned with BEL’s broader strategy of expanding into emerging infrastructure segments and creating additional long-term growth opportunities. The project will be developed and implemented in accordance with applicable contractual, regulatory and statutory requirements. The financial and operational performance of BHBPL will be reflected in the consolidated financial statements of Bondada Engineering Limited, in accordance with applicable accounting standards. Bondada Engineering Limited (Formerly known as Bondada Engineering Pvt Ltd) Regd. Office: Corporate Office: Plot No-37, Ashok Manoj Nagar, BONDADA HOUSE, Kapra, Hyderabad, Telangana-500062, C – 26, Kushaiguda Industrial Area, INDIA ECIL, Hyderabad, TG - 500062, INDIA Phone Number: 7207034662 CIN : L28910TG2012PLC080018 Email : Info@bondada.net, Website : www.bondada.net The requisite details pursuant to Regulation 30 of the SEBI LODR Regulations are enclosed as Annexure-A. We request you to kindly take the above information on record. For Bondada Engineering Limited Sonia Bidlan Company Secretary & Compliance Officer Membership No.: A37766 ANNEXURE – A Details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI master circular for compliance circular no. HO/49/14/14(7)-CFD-POD2/1/3762/2026 dated 11th July 2023 S. No. Particulars Details 1 Name of the target entity Bondada Hindupur BESS Project Private Limited (“BHBPL”), a Special Purpose Vehicle incorporated for the development, ownership, operation and maintenance of a utility-scale Battery Energy Storage System (BESS) project. 2 Whether the Acquition would fall within No related party transaction 3 Industry to which the entity being Energy / Renewable Energy / Battery Energy acquired belongs Storage System (BESS) / Power Infrastructure 4 Objects and effects of BHBPL structure is intended to facilitate focused acquisition/Incorporation project development, financing, procurement, construction, commissioning, ownership, operation and maintenance of the BESS project and related assets. 5 Regulatory / governmental approvals All required approvals have already been obtained. 6 Indicative completion Not Applicable 7 Nature of consideration Cash consideration / subscription to equity share capital. 8 Cost of Acquisition or price at which the 1,00,000 equity shares of face value of ₹10 each, shares are acquired subscribed by Bondada Engineering Limited. 9 Percentage of shareholding/control to be 100% of the paid-up equity share capital of acquired by BEL Bondada Hindupur BESS Project Private Limited, representing a wholly owned subsidiary of Bondada Engineering Limited. 10 Brief details of the project 225 MW / 450 MWh Battery Energy Storage System (BESS) Project awarded by AP Transco under the Build-Own-Operate (“BOO”) model. BHBPL has been incorporated as the dedicated Bondada Engineering Limited (Formerly known as Bondada Engineering Pvt Ltd) Regd. Office: Corporate Office: Plot No-37, Ashok Manoj Nagar, BONDADA HOUSE, Kapra, Hyderabad, Telangana-500062, C – 26, Kushaiguda Industrial Area, INDIA ECIL, Hyderabad, TG - 500062, INDIA Phone Number: 7207034662 CIN : L28910TG2012PLC080018 Email : Info@bondada.net, Website : www.bondada.net SPV for development, implementation, ownership, operation and maintenance of the project. The project assets and related investments are proposed to be created and held within the subsidiary, subject to the project agreements and applicable regulatory requirements. Bondada Engineering Limited (Formerly known as Bondada Engineering Pvt Ltd) Regd. Office: Corporate Office: Plot No-37, Ashok Manoj Nagar, BONDADA HOUSE, Kapra, Hyderabad, Telangana-500062, C – 26, Kushaiguda Industrial Area, INDIA ECIL, Hyderabad, TG - 500062, INDIA Phone Number: 7207034662 CIN : L28910TG2012PLC080018 Email : Info@bondada.net, Website : www.bondada.net