Dee Development Engineers Increases Authorized Capital to ₹95 Cr

Dee Development Engineers Ltd announced the alteration of Clause V of its Memorandum of Association, increasing its authorized share capital from ₹85 Crores to ₹95 Crores. This change, approved by shareholders via an Ordinary Resolution at the Annual General Meeting held on September 23, 2026, involves reclassifying the capital structure. The authorized capital will now consist of 9,50,00,000 Equity Shares of ₹10 each, replacing the previous structure which included both equity and preference shares. This move aligns with the company's growth strategy and regulatory requirements.