De Neers Tools Limited has announced the receipt of a significant order for the supply of 35,000 electrician tool kits from Polycab India Limited, a well-established brand in India's wires and home electrical appliances industry. The company made this disclosure through an intimation filing dated 07th May 2026, signed by Managing Director Neeraj Kumar Aggarwal.

Order Details

The key parameters of the order are summarised below:

Order Background and Significance

According to the company's filing, the order was awarded to De Neers Tools Limited on account of its high standards of product quality, reliability, and competitive pricing, reflecting strong customer confidence in the company's capabilities. Polycab India Limited is described in the filing as a leading and well-established brand in India's wires and home electrical appliances industry.

The company stated that this order marks an important milestone, further strengthening its association with a reputed industry leader and reinforcing its growing presence in the professional tools segment.

Business Impact

De Neers Tools Limited noted that the order is expected to have a positive impact on the company's revenues and overall business outlook. The filing was addressed to the Listing Department of the National Stock Exchange of India Limited and was submitted in compliance with Regulation 30 disclosure requirements.

De Neers Tools Limited is headquartered and operates its factory at 468, F.I.E, Patparganj Industrial Area, Delhi - 110 092.

De Neers Tools Limited has issued a regulatory disclosure to correct a minor typographical error in its Extraordinary General Meeting (EGM) notice dated March 21, 2026, regarding the allotment of convertible warrants under Regulation 30 of SEBI (LODR) Regulations, 2015.

Error Correction Details

The company identified and corrected a typographical mistake in agenda item number 4 and its corresponding explanatory statement. The error occurred in the table listing proposed allottees of convertible warrants, where the total number was incorrectly printed.

Proposed Allottees Information

The corrected table for convertible warrants allotment shows the accurate distribution among proposed allottees:

Impact Assessment

De Neers Tools emphasized that this typographical correction does not affect the intent, substance, or validity of the Special Resolutions along with the Explanatory Statements approved by members in the EGM. The individual allottee-wise numbers of warrants were correctly stated in both the EGM notice and explanatory statement throughout the document.

Regulatory Compliance

The correction notice was signed by Neeraj Kumar Aggarwal, Managing Director (DIN: 08058134), and dated April 24, 2026. The company has enclosed the EGM notice with the corrected typographical error for reference and record purposes, ensuring full transparency and regulatory compliance.

This administrative correction maintains the accuracy of corporate documentation while preserving the original intent and approval of the convertible warrants allotment resolution passed by the company's members.