Bondada Engineering Limited announced a private placement to issue 313,211 convertible warrants at an issue price of INR 439 per warrant for the gross proceeds of INR 137,499,629 on June 5, 2024. The transaction will include participation from individual investor Faruk G. Patel. The Board has approved the notice of the Extra Ordinary General Meeting for the approval of the shareholders of the Company and is subject to general shareholders.