Second Additional Metropolitan Sessions Judge T Srinivas Rao acquitted two others, Farooq Sharfuddin Tarkash and Mohammed Sadiq Israr Ahmed Shaik, in the case.
The quantum of sentence for the convicted Indian Mujahideen operatives, Aneeq Shafique Sayeed and Mohammed Akbar Ismail, will be announced next Monday.
The court is also expected to pronounce its judgement on Tarik Anjum, charged with giving shelter to the accused after the blasts, on Monday.
The Counter Intelligence wing of the Telangana Police had investigated the case and arrested the five accused.
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