StockWatch
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Industrial Products
Shareholding11 Aug 2026, 11:20 pm

Krishan Lalit Bansal's Stake in Dee Development Engineers Decreases Post Preferential Allotment

AI Summary

Dee Development Engineers Limited has disclosed a change in shareholding following a preferential allotment of 59,76,096 equity shares. As a result, the shareholding of Mr. Krishan Lalit Bansal, Chairman & Managing Director, has decreased by 3.51% to 47.31% of the post-issue paid-up share capital. This change is compared to the previous disclosure filed for the quarter ended June 30, 2026. The company has received listing and trading approvals for the new shares, with credit of shares scheduled for July 29, 2026. The total equity share capital has increased from ₹69,26,33,420 to ₹75,23,94,380.

Key Highlights

  • Mr. Krishan Lalit Bansal's shareholding reduced by 3.51% post-preferential allotment.
  • His current stake in Dee Development Engineers stands at 47.31%.
  • The company issued 59,76,096 equity shares via preferential allotment.
  • Listing and trading approvals for the new shares have been secured.
  • Total equity share capital increased post-allotment.