DEE Development Engineers has fixed Saturday, June 20, 2026, as the record date to determine members entitled to vote at the Extraordinary General Meeting (EGM) scheduled for June 27, 2026. The EGM seeks shareholder approval for the issuance of up to 59,76,096 equity shares on a preferential basis at ₹502 per share, aggregating to ₹300,00,00,192. The Board of Directors approved the proposal at its meeting held on June 3, 2026. The issue includes a premium of ₹492 per share over the face value of ₹10, with net proceeds estimated at ₹293 crore intended for repayment of borrowings and general corporate purposes.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the relevant date for determining eligibility is May 27, 2026. Since May 28, 2026, falls on a holiday, the preceding trading day of May 27, 2026, has been considered as the relevant date. The remote e-voting period commences on June 24, 2026, and ends on June 26, 2026, with Mr. Kapil Kumar of M/s. Kapil Kumar & Co. appointed as the Scrutinizer.

The company intimated the exchanges regarding the newspaper publication of the notice for this 1st Extra Ordinary General Meeting for the Financial Year 2026-27. Advertisements were published on June 6, 2026, in the Financial Express (All India editions) and Satyajay Times (Palwal edition). The meeting is scheduled to be held at 01:00 P.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Preferential Issue Breakdown

The allocation is divided between the Promoter & Promoter Group and the Non-Promoter Group, which includes Mutual Funds, Alternative Investment Funds, and Foreign Portfolio Investors.

Key Allottees and Governance

Krishan Lalit Bansal is the sole investor identified under the Promoter & Promoter Group category. Post-allotment, his shareholding will adjust to 47.31%. The Non-Promoter Group comprises 23 investors, including entities such as Kotak Mahindra Trustee Co Limited, WhiteOak Capital Equity Fund, and ValueQuest India G.I.F.T. Fund. The Board constituted a Fund-Raising Committee to oversee the process and appointed Mr. Rajneesh Sharma as the Registered Valuer. Additionally, the Board approved the re-constitution of the Stakeholders' Relationship Committee and Corporate Social Responsibility Committee by including Mr. Bhisham Kumar Gupta and Mr. Ashwani Kumar Prabhakar as members, effective from June 3, 2026.

DEE Development Engineers has secured contracts aggregating ₹206.55 crore for the manufacturing and supply of Critical Piping Assembly. The orders were received from a domestic Public Sector Maharatna EPC conglomerate in the power sector and exclude GST. The customer's name remains undisclosed due to commercial reasons.

Order Details

The following table summarises the key details of the contracts secured:

Scope of Work

The contracts involve the supply of a Main Steam package and a Hot Reheat system. The company confirmed that the orders are domestic in nature and do not involve any related party transactions. Furthermore, the promoter, promoter group, or group companies hold no interest in the entity that awarded the contracts.

Execution Timeline

The execution timeline for the orders varies across different units. For two units, the execution period is set between 6 and 12 months from the purchase order date. For the other two units, the timeline extends from 2 to 15 months from the purchase order date.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details were submitted to the exchanges on June 02, 2026.