Dee Development Engineers Ltd

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.

Dee Development Engineers Ltd has announced the closure of its trading window for designated persons and their immediate relatives, effective from July 1, 2026. This closure is in accordance with the company's Code of Conduct for Prevention of Insider Trading and SEBI PIT Regulations. The window will reopen 48 hours after the declaration of the un-audited financial results for the first quarter ending June 30, 2026. The specific date for the Board of Directors' meeting to approve these results will be communicated separately.

Dee Development Engineers Ltd announced that its shareholders have approved a preferential issue of securities on a private placement basis. The resolution was passed with the requisite majority at the Extraordinary General Meeting (EGM) held on June 27, 2026. The company has submitted the e-voting results and the Scrutinizer's Report as per SEBI regulations. These documents will be available on the company's website and the NSDL e-voting portal.

Dee Development Engineers Ltd convened an Extra-Ordinary General Meeting (EGM) on Saturday, June 27, 2026, from 01:00 p.m. to 01:20 p.m. The meeting was conducted via two-way video conferencing and other audio-visual means, adhering to the Companies Act, 2013. The primary business transacted was a preferential issue of securities on a private placement basis. The details of the voting results, including remote e-voting and e-voting during the EGM, along with the Scrutinizer's Report, will be disseminated to the stock exchanges and published on the company's website in due course.

DEE Development Engineers Limited announced that its wholly-owned subsidiary, DEE Fabricom India Private Limited, has received a significant order worth approximately ₹64 Crores (inclusive of GST) for the supply of Windmill Towers. The order is from Ganeko Solar Private Limited and involves the manufacturing of fifteen EN156 Envision make 353 MT Windmill Towers for 3.3MW windmills. The execution of this order is scheduled to be completed by January 2027. This substantial order is expected to bolster the company's order book and contribute to its revenue in the renewable energy sector.

Dee Development Engineers Ltd has issued a corrigendum to its Extra Ordinary General Meeting (EGM) notice dated June 3, 2026. The EGM is scheduled for June 27, 2026, via Video Conferencing. The corrigendum addresses changes to Item No. 1 of the EGM notice, specifically related to a proposed Preferential Issue of Equity Shares, following observations from the Stock Exchanges. All other details in the original notice remain unchanged. The company also re-filed a previous corrigendum with its letterhead, confirming no change in content.

Dee Development Engineers Ltd has issued a corrigendum to its Extra Ordinary General Meeting (EGM) Notice dated June 3, 2026. The EGM, scheduled for June 27, 2026, aims to approve a proposed Preferential Issue of Equity Shares. The corrigendum addresses observations from BSE and NSE regarding the in-principle approval for the preferential issue, specifically revising Item No. 1 of the EGM Notice. It provides updated pre-issue and post-issue shareholding patterns, indicating an increase in total post-preferential share capital from 6,92,63,342 shares to 7,52,39,438 shares. All other details of the original EGM Notice remain unchanged.

Dee Development Engineers Ltd announced that its Fund Raising Committee has approved a corrigendum to the notice of its Extraordinary General Meeting (EGM). The EGM, scheduled for June 27, 2026, will discuss the issuance of Equity Shares via a preferential issue on a private placement basis. The corrigendum addresses clarifications requested by stock exchanges regarding this preferential issue. The company plans to issue up to 59,76,096 Equity Shares at ₹502 per share, raising approximately ₹300 crore. The meeting commenced at 3:00 PM and concluded at 3:40 PM IST.

Dee Development Engineers Ltd has announced its monthly execution and order position update for May 2026. The company's total order book has grown to ₹2,433.90 Crores as of May 31, 2026, an increase from ₹1,909.82 Crores at the beginning of the month. Order inflows during May 2026 amounted to ₹631.91 Crores, while executed orders were ₹107.83 Crores. The update also includes details on tariff revisions for Malwa Power Private Limited and Dee Development Engineers Limited's Power Division, with ongoing legal proceedings impacting the latter.

Dee Development Engineers Ltd announced that its Board of Directors has approved a preferential issue of up to 59,76,096 equity shares at an issue price of ₹502 per share. This includes up to 3,98,406 shares for the Promoter & Promoter Group and up to 55,77,690 shares for the Non-Promoter Category, aggregating to approximately ₹300 crore. The company has also scheduled an Extraordinary General Meeting (EGM) for June 27, 2026, to seek shareholder approval. A Fund-Raising Committee has been formed to oversee the process. Additionally, the Stakeholders' Relationship Committee and CSR committee have been reconstituted, and revisions to Independent Directors' sitting fees were approved.