NSEGeneral Updates29 Jun 2026 · 29 Jun 2026, 11:43 am
General Updates
DEE Development Engineers Limited · DEEDEV
✦ AI SummaryFundraise
DEE Development Engineers Limited has informed the Exchange about an update on the preferential issue of equity shares. The company has clarified the details of the proposed allotment of 59,76,096 equity shares on a preferential basis, including the status of the proposed allottees and the determination of the issue price.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
DEE Development Engineers Limited has informed the Exchange about Update on Preferential Issue of equity shares
Attachments (1)
📄pdf
Download →
DDEL_29062026113707_NSEBSESIGNED.pdf
View document text
Date: 29.06.2026
BSE Limited The National Stock Exchange of India
Phiroze Jeejeebhoy Tower, Ltd. Exchange Plaza, Plot No. C/1, G
Dalal Street, Block, Bandra Kurla Complex, Bandra
Mumbai – 400001 (E),
Mumbai – 400051
Scrip Code: 544198
Symbol: DEEDEV
SUBJECT: DISCLOSURE UNDER REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015
– CLARIFICATION IN RESPECT OF THE QUERY FROM NSE FOR THE PROPOSED
PREFERENTIAL ISSUE OF EQUITY SHARES
Dear Sir/Ma’am,
This is with reference to the Notice of Extra-Ordinary General Meeting (“EOGM Notice”) and its
corrigendum issued to the Members of DEE Development Engineers Limited (“the Company”) on June
03, 2026 and June 18,2026 in relation to the proposed issue of 59,76,096 equity shares on a preferential
allotment on private placement basis, in accordance with the provisions of the Chapter V of the
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations,
2018, as amended and applicable provisions of the Companies Act, 2013 and rules made thereunder.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we hereby inform that the Board of Directors of the Company has confirm the following:
1. Pre- and post-allotment status of the proposed allottee(s): there is no change in the
category/status of any of the proposed allottees pursuant to the Preferential Issue., pls refer
Annexure A
2. Applicability of Regulation 166A of SEBI (ICDR) Regulations, 2018 and Articles of
Association:
As per Article 13 (1)(c) of the Articles of Association of the Company and Regulation 166A of
SEBI (ICDR) Regulations, 2018, the price has been determined as per the valuation report dated
03.06.2026 issued by Mr. Rajneesh Sharma, an Independent Registered Valuer (IBBI Regn. No.
IBBI/RV/03/2021/14143).
3. With reference to the Explanatory Statement to the Notice of Extra-Ordinary General Meeting
dated 3rd June 2026, we submit the following rectification:
Correction on Page No. 19, 3rd paragraph after “Net proceeds”:
Original Text:
“Any surplus in the issue expenses will be added to the gross proceeds and would be adjusted
against general corporate purpose.”
Corrected Text:
Deleted.
All other contents on Page No. 19 and elsewhere in the Notice remain unchanged.
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
T: +91 1275 248200, F: +91 1275 248314, E: info@deepiping.com, W: www.deepiping.com
CIN: L74140HR1988PLC030225 GST Registration No. 06AACCD0207H1ZA
The relevant details required under Regulation 30 of the SEBI Listing Regulations read with SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 ("SEBI
Master Circular") is enclosed herewith as ‘Annexure A’.
For DEE Development Engineers Limited
Ranjan Kumar Sarangi
Company Secretary & Compliance Officer
Membership No.: F8604
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
T: +91 1275 248200, F: +91 1275 248314, E: info@deepiping.com, W: www.deepiping.com
CIN: L74140HR1988PLC030225 GST Registration No. 06AACCD0207H1ZA
Annexure A
Sr. Name of the Proposed Pre allotment No. of Equity shares Post allotment
Allottee status to be allotted status
1 Krishan Lalit Bansal Promoter 3,98,406 Promoter
2 Kotak Mahindra Trustee Co Public 2,98,804 Public
Limited A/c Kotak Multi Asset
Allocation Fund
3 WhiteOak Capital Equity Fund Public 86,902 Public
4 WhiteOak Capital India Public 7,82,123 Public
Opportunities Fund
5 Ashoka WhiteOak ICAV – Public 4,72,936 Public
Ashoka Whiteoak Emerging
Markets Equity Fund
6 Ashoka WhiteOak ICAV – Public 72,266 Public
Ashoka Whiteoak Emerging
Markets Equity Ex China Fund
7 TCW White Oak Emerging Public 6,403 Public
Markets Equity Fund
8 Ashoka India Equity Public 1,99,418 Public
Investment Trust PLC
9 Ashoka WhiteOak Emerging Public 27,443 Public
Market Trust PLC
10 India Acorn Fund Ltd Public 90,561 Public
11 ValueQuest India G.I.F.T. Fund Public 7,42,031 Public
12 ValueQuest India Inflexion Public 9,96,020 Public
Fund
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
T: +91 1275 248200, F: +91 1275 248314, E: info@deepiping.com, W: www.deepiping.com
CIN: L74140HR1988PLC030225 GST Registration No. 06AACCD0207H1ZA
13 360 ONE PIPE Fund Public 4,98,007 Public
14 Enigma Small Opportunities Public 1,99,203 Public
Fund
15 Meghraj Properties Private Public 2,98,804 Public
Limited
16 Niveshaay Hedgehogs Fund Public 1,99,203 Public
17 LC Pharos Multi Strategy Fund Public 2,98,804 Public
VCC - LC Pharos Multi
Strategy Fund SF 1
18 Zeal Global Opportunities Public 99,601 Public
Fund
19 Finavenue Capital Trust – Public 99,601 Public
Finavenue Growth Fund
20 Swati Agarwal Public 9,960 Public
21 Preeti Singal Public 19,920 Public
22 Tushar Aggarwal HUF Public 19,920 Public
23 Achen Jakher Public 39,840 Public
24 Invicto Incrementum Fund Public 19,920 Public
For DEE Development Engineers Limited
Ranjan Kumar Sarangi
Company Secretary & Compliance Officer
Membership No.: F8604
Address: Unit 1, Prithla - Tatarpur Road,
Village Tatarpur Dist. Palwal, Faridabad, Haryana – 121 102
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India
T: +91 1275 248200, F: +91 1275 248314, E: info@deepiping.com, W: www.deepiping.com
CIN: L74140HR1988PLC030225 GST Registration No. 06AACCD0207H1ZA