
Regulatory29 Jun 2026, 11:44 am
Dee Development Engineers Ltd Confirms Preferential Allotment Details
AI Summary
Dee Development Engineers Limited has confirmed details regarding its proposed preferential allotment of 59,76,096 equity shares. The company clarified that there is no change in the pre- and post-allotment status of the proposed allottees. The pricing for the issue has been determined as per a valuation report dated June 3, 2026, issued by an independent registered valuer, in accordance with the company's Articles of Association and SEBI (ICDR) Regulations. A rectification was also made to the Explanatory Statement of the EOGM Notice concerning the treatment of surplus issue expenses.
Key Highlights
- Preferential allotment of 59,76,096 equity shares confirmed.
- No change in pre- and post-allotment status of allottees.
- Share price determined by independent valuer's report.
- Rectification made to EOGM Notice's Explanatory Statement.
Price Impact
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