NSEGeneral Updates1 Jul 2026 · 1 Jul 2026, 11:54 pm
General Updates
DEE Development Engineers Limited · DEEDEV
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DEE Development Engineers Limited has received in-principle approval from BSE and NSE for the issuance of 59,76,096 equity shares on a preferential basis at a price of Rs. 502 each.
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DEE Development Engineers Limited has informed the Exchange about receipt of In-Principle approval for listing of specified securities from stock exchange(s)
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@DEE
piping systems
Date: 1% July, 2026
Listing Compliance Department
BSE Limited The National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Tower, Exchange Plaza, Plot No. C/1, G Block, Bandra
Dalal Street, Kurla Complex, Bandra (E),
Mumbai - 400001 Mumbai - 400051
Scrip Code: 544198 Symbol: DEEDEV
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, in relation to the in-principle approval
for the issuance of 59,76,096 equity shares on a preferential basis
Ref: Intimation of receipt of In - Principle approval from BSE Limited and National Stock Exchange
of India Limited for issue of Securities (Equity Shares) on Preferential Basis
Dear Sit/ Madam,
We wish to inform you that the Company has received the ‘in-principle’ approval from: (a) BSE Limited
pursuant to its letter with ref. no. LOD/PREF/DA/FIP/464/2026-27; and (b) National Stock Exchange
of India Limited pursuant to letter with ref. no. NSE/LIST/55604, both dated 1st July, 2026, for the
issuance of 59,76,09 equity shares at a face value of Rs. 10 each issued at a price of Rs. 502 (including
premium of Rs. 492) each per equity share to Promoter and Non-Promoters (Public) on a preferential
basis.
The copy of In-principle approval letters as mentioned above are enclosed herewith
The above information is also available on the website of the Company, ie,
https:/ /www.deepiping.com/announcement-exchange-filings. php
Please take the above information on record.
Yours faithfully,
For DEE Development Engineers Limited
Ranjan Kumar ostaiysigedsy anjon mar
Sarangi
Sarangi Date: 2026.07.01 23:28:18 +0530°
Ranjan Kumar Sarangi
Company Secretary and Compliance Officer
Membership No.: F8604
Address: Unit 1, Prithla - Tatarpur Road, Village Tatarpur
Dist. Palwal, Faridabad, Haryana - 121 102
Encl.: as above
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. 06AACCD0207HIZA
The Power of Vibrance
LOD/PREF/DA/FIP/464/2026-27 July 01, 2026
The Company Secretary,
Dee Development Engineers Limited
Unit 1, Prithla-Tatarpur Road Village Tatarpur,
Dist. Palwal, Faridabad- 121102.
Re: ‘In-principle’ approval under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure
Re: ments), Regulations, 2015.
Dear Sir/Madam,
We refer to your application seeking our “In-principle approval for issue of 59,76,096 equity shares of Rs.
10/- each issued at price not less than Rs. 502/- each to promoter and public on preferential basis.”
The Exchange hereby grants its ‘in-principle’ approval for the aforesaid issue. This ‘in-principle’” approval
should not be construed as our approval for listing of aforesaid security, and you are required to duly and
separately comply with the requirements in respect thereof.
You are advised to ensure that the issue and allotment of securities is strictly in accordance with the provisions
of the Companies Act, 2013, Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of
India Act, 1992, the Depositories Act, 1996 includitnhge Rules, Regulations, Guidelines, etc. made there
under, Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations),
the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (LODR Regulations) and the
Listing Agreement signed with us. In addition, you shall also obtain such statutory and other approvals as are
required for the purpose.
Further, the company is advised to strengthen internal controls (to monitor trades being executed by the
proposed allottees in the scrip of the company) before allotment of securities in order to avoid any non-
compliances in respect of trades being executed by the allottees in contravention to provisions of Chapter V of
SEBI (ICDR) Regulations. In this regard,
a) Company is advised to obtain an undertaking from the allottee(s) confirming that they shall not
do intra-day trading in the scrip of the company or any sale in the scrip of the company till the
allotment date of the security as required under SEBI (ICDR) Regulations.
b) The company may note that the responsibility/onus is solely on the Issuer company to verify the
above (a) and ensure compliance with applicable provisions including Regulation 167(6) of SEBI
ICDR regulations, 2018.
¢) The company may also note that any non-compliances, if observed by the exchanges post the
undertaking and verification by the Issuer company may impact the listing of such shares.
On allotment of securities pursuant to this ‘in principle’ approval you are required to make a listing application
without delay, with applicable fees, in terms of Regulation 14 of the LODR Regulations and comply with the
post issue formalities.
Registered Office: BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbal 400001, India. T: +91 22 2272 1234/33 | E: corp.comm@bseindia.com
www.bseindia.com | Corporate Identity Number : L67120MH2005PLCIS5188
BSE"™
. - . . - - The Poyer of vibrance
Listing application and the checklist for post issue listing formalities can be downloaded from' the link:
https://www.bseindia.com/static/about/downloads.aspx. Further, it should be noted by Depositories and the
Company that in case of allotment of Convertible Securities, there would be automatic release of excess lock-
in period of Pre-Preferential Holding of allottees by Depositories in compliance with SEBI{ICDR)
Regulations, 2018 without requirement of any NOC by the Exchange.
In addition to above, the company should note that as per Schedule XIX — Para (2) of ICDR Regulations and as
specified in SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, “the issuer or the
issuing company, as the case may be, shall, make an application for listing, within twenty days from the date
of allotment, to one or more recognized stock exchange(s)” along with the documents specified by stock
exchange(s) from time to time. Any Non-compliance with the above requirement will attract, the fine as
mentioned in SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023.
The Exchange reserves its right to withdraw this ‘in-principle’ approval at any stage if the information
submitted to the Exchange is found to be incomplete/ incorrect/ misleading/ false or if it contravenes any
Rules, Bye-laws and Regulations of the Exchange, LODR Regulations, ICDR Regulations and Guidelines/
Regulations issued by any statutory authorities etc.
Yours faithfully,
el LY ore P M
Janardhan Wagle Dhananjay Apte
Deputy Vice president Deputy Manager
N wirtyso
QNSE
Ref: NSE/LIST/55604 July 01, 2026
The Company Secretary
DEE Development Engineers Limited
Dear Sir/Madam,
Sub: In - Principle approval under Regulation 28(1) of Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
‘We are in receipt of your application regarding In-principle approval for issue of 59,76,096 Equity
shares of Rs. 10/- each issued under Preferential issue in terms of Regulation 28(1) of the SEBI
(Listing Obligation and Disclosure Requirements) Regulations, 2015. In this regard, the Exchange
is pleased to grant in-principle approval for the said issue subject to the Company fulfilling the
following conditions:
1. Filing the listing application at the earliest from the date of allotment.
Receipt of statutory and other approvals and compliance of guidelines/regulations issued by
the statutory authorities including SEBIL, RBI, MCA, etc.
3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or
any statutory authorities as on the date of listing application.
4. Compliance of all conditions as per the SEBI (LODR
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