Deepak Builders & Engineers India Limited has formally declared to stock exchanges that it does not qualify as a Large Corporate under SEBI's regulatory framework. The company submitted this declaration on April 15th, 2026, ensuring compliance with disclosure requirements mandated by securities market regulations.

Regulatory Compliance Declaration

The company confirmed its non-applicability status based on criteria specified in SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19th, 2023. This circular should be read in conjunction with the earlier SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26th, 2018, which established the foundational framework for Large Corporate classifications.

Stock Exchange Notification

The declaration was submitted to both major Indian stock exchanges where the company's shares are listed. The communication was addressed to the Listing Departments of National Stock Exchange of India Limited and BSE Limited, requesting them to take the information on record.

Corporate Authorization

Company Secretary & Compliance Officer Anil Kumar signed the declaration on behalf of Deepak Builders & Engineers India Limited. The document was digitally signed on April 15th, 2026, at 16:58:07 +05'30', ensuring proper authentication and compliance with digital signature requirements.

This declaration serves as an important compliance measure, helping investors and regulatory authorities understand the company's classification status under SEBI's Large Corporate disclosure framework. The submission demonstrates the company's commitment to maintaining transparency and adhering to applicable regulatory requirements.

Deepak builders & engineers India Limited has secured a major breakthrough by emerging as the L1 bidder for a construction project worth ₹474.25 crores from Indian Oil Corporation Limited (IOCL). The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with formal confirmation received through the IOCL eProcurement portal.

Project Details and Scope

The awarded project encompasses the construction of 12 high-rise residential buildings with a G+13 configuration using advanced monolithic construction technology. The comprehensive development will be located adjacent to the existing Panipat Refinery & Petrochemical Complex Township of IOCL in Haryana, designated as Package-I.

Comprehensive Infrastructure Development

The project scope extends beyond residential construction to include essential infrastructure components. The development will feature associated parking facilities designed to serve the residential complex, along with a sewerage treatment plant to ensure proper waste management for the township.

Additionally, the project encompasses utility infrastructure development, internal roadworks, and various amenities that will enhance the overall living experience for residents. This holistic approach demonstrates the company's capability to handle large-scale integrated development projects within institutional and industrial ecosystems.

Enhanced Order Book Position

The successful bidding represents a significant milestone for Deepak Builders & Engineers India Limited's business growth. Upon formal award of this project, the company's total order book will reach approximately ₹2,000 crores, substantially strengthening its project pipeline and enhancing revenue visibility.

Management Commentary

Commenting on the development, the management of Deepak Builders & Engineers India Limited stated that securing L1 status for this strategically significant project reflects their strong technical capabilities, competitive cost positioning, and proven execution track record. The management emphasized that this opportunity not only strengthens their order book but also reinforces their presence in industrial and township infrastructure.

The company remains focused on leveraging advanced construction technologies and delivering high-quality projects, positioning itself to capture emerging opportunities across infrastructure and real estate segments. This win aligns with broader industry tailwinds, including increased investments in refinery expansions, industrial townships, and urban infrastructure development driven by government-led capex and rising energy sector investments.