Intimation of receipt Work Order.

BEL/BSE/OCT/2026/005 Date: Oct 22nd, 2026 The Secretary, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 543971 Symbol: BONDADA Sub: Intimation of Receipt of Notification of Award from Gujarat Industries Power Company Ltd for EPC Package for Development of 20MW/ 120 MWH VANADIUM REDOX FLOW BESS at Vadodara Power Plant Complex. Ref: Regulation 30 and other applicable regulations of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 ----------------------------------------------------------------------------------------------------------------------------- Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Bondada Engineering Limited (“the Company”) has received a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for the Engineering, Procurement and Construction (EPC) package for the development of a 20 MW / 120 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS), including 10 years of Operations and Maintenance (O&M), at GIPCL’s 165 MW natural gas power plant complex in Vadodara, Gujarat. The award reflects GIPCL’s confidence in the Company’s engineering capabilities, project execution expertise and experience in delivering large-scale renewable energy infrastructure projects. It also marks an important milestone in the Company’s strategic expansion into advanced energy storage technologies. The Government of India has set an ambitious target of deploying approximately 236 GWh of Battery Energy Storage Systems by 2030, whereas the current installed capacity is around 9.3 GWh. This highlights the immense growth opportunity in the Indian energy storage market, driven by the rapid expansion of renewable energy capacity and the increasing need for grid stability. With this landmark order, Bondada Engineering has secured the India's largest grid scale Vanadium Redox Flow Battery (VRFB) BESS project, demonstrating the Company's ability to adopt and execute energy storage projects involving advanced Long Duration Energy Storage (LDES) technologies. This achievement further strengthens Bondada's position in the rapidly expanding BESS sector, complementing its existing renewable energy EPC portfolio. The Company remains committed to supporting India's energy transition by delivering innovative, sustainable, and technologically advanced infrastructure solutions. Bondada Engineering will 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 continue to do next-generation technologies and actively participate in the development of India's fast-growing clean energy ecosystem, creating long-term value for all stakeholders. The details required under Regulation 30 of SEBI (LODR) Regulations, 2015 are provided below: S.No. Particulars Details 1. name of the entity awarding the Gujarat Industries Power Company Ltd order(s) 2. significant terms and conditions EPC Package for the Development of a 20 MW/ of order(s) 120 MWh Vanadium Redox Flow BESS at GIPCL's 165 MW natural gas power plant site in Vadodara, Gujarat including 10 years of O&M. 3. whether order(s) have been Domestic Entity awarded by domestic/ international entity; 4. nature of order(s) EPC Package for the Development of a 20MW /120 MWh Vanadium Redox Flow BESS, including 10 years of O&M. 5. whether domestic or international Domestic Entity 6. time period by which the Completion of Facilities: 18 Months from order(s)/contract(s) is to be receipt of NOA. executed 7. broad consideration or size of 120 MWh VRFB – EPC including O&M the order(s)/contract(s); 8. whether the promoter/ promoter No group /group companies have any interest in the entity that awarded the order(s) 9. whether the order(s)/contract(s) No would fall within related party transactions You are requested to kindly take the above information on record. For Bondada Engineering Limited Dr. Sonia Bidlan CS & Compliance Officer M. No. A37766 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