DMR Engineering Limited has secured 6,00,000 equity shares through a bonus issue by DM Consulting Engineers Private Limited, retaining its 60% stake in the subsidiary. The allotment was executed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction is classified as a related party transaction, conducted at arm's length, involving promoters Mr. Subhash Chander Mittal and Mrs. Neelam Mittal.

The bonus issue was distributed in the proportion of 10:13, meaning shareholders received 10 new fully paid-up equity shares of ₹10 each for every 13 existing shares held on the record date. Following this issuance, DMR Engineering continues to hold 60% of the total equity share capital of DM Consulting. No cash consideration was involved as the allotment was made via a bonus issue.

DM Consulting Engineers Private Limited, incorporated on December 09, 2014, operates in the engineering, procurement, and consulting services sector. The entity focuses on new energies, new materials, and geophysical studies for infrastructure projects including hydro, thermal, solar, and nuclear power, as well as railways and highways. The strategic investment allows DMR Engineering to venture into new growth avenues.

The financial performance of DM Consulting shows significant growth in recent years. For the financial year ended March 31, 2026, the entity reported a turnover of ₹2,80,25,400. This represents a substantial increase from the previous financial years, reflecting the expanding operations of the consultancy firm.

Financial Performance of DM Consulting

DM Consulting has an authorised capital of ₹5,00,00,000 divided into 50,00,000 equity shares of ₹10 each, and a paid-up share capital of ₹2,30,00,000 divided into 23,00,000 equity shares of ₹10 each. No specific governmental or regulatory approvals were required for this bonus allotment.

DMR Engineering Limited has expanded its international footprint by incorporating a wholly-owned step-down subsidiary, DMR Services Private Limited, in Thimphu, Bhutan. The strategic move aims to provide engineering and technical consultancy services in the Bhutanese market. DMR Engineering holds a 70% shareholding in the newly formed entity, which has been registered under the Corporate Regulatory Authority of Bhutan.

The incorporation was disclosed to the BSE SME Platform on June 19, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the subscription to shares does not fall within the ambit of related party transactions, and no promoter or group companies hold any interest in DMR Services.

DMR Services is engaged in the business of providing engineering and technical consultancy services, aligning with DMR Engineering's main line of business. The subsidiary has an authorised capital of BTN 40,00,00,000, divided into 40,00,000 shares of BTN 100 each. The paid-up capital stands at BTN 2,50,00,000, divided into 2,50,000 shares of BTN 100 each.

The acquisition was completed through a cash consideration for the subscription of 70% of the shares. DMR Engineering subscribed to 1,75,000 shares of BTN 100 each, aggregating to a total cost of BTN 1,75,00,000. The entity is yet to commence business operations, and therefore, turnover figures are not currently applicable.

Key Details of DMR Services Private Limited