Police have confirmed that it was live bomb.
The suspicious-looking one-kilogram parcel was received last evening and company officials immediately alerted the police.
Sniffer dogs and a Bomb Detection and Disposal Squad were pressed into service. The explosive was found in the parcel which was live and was defused later in the night, senior police inspector Dilip Shinde said.
However, the circumstances leading to the arrival of the parcel was a mystery.
Earlier, on July 13, the police had recovered a parcel bomb from the City Post Office here. The parcel then, carried a letter purportedly written by a youth who had mentioned about his love for a girl, which was, however, opposed by their parents.
Mr Shinde confirmed that the earlier parcel as well as the present parcel had both originated from Ramnagar, Anantpur in Hyderabad.