Dee Development Engineers to Explore Fundraising Options in Upcoming Board Meeting

1 min read     Updated on 16 Sept 2025, 11:03 AM
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Shriram ShekharScanX News Team
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Overview

DEE Development Engineers Limited has announced a board meeting on September 19, 2025, to evaluate potential fundraising strategies. The board will consider raising funds through equity shares, debt securities, and other eligible securities via methods like private placement, preferential allotment, and qualified institutions placement. The company will seek shareholder approval for the proposed fundraising. A trading window closure for designated persons will be in effect from September 16, 2025, until 48 hours after the board meeting concludes.

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DEE Development Engineers Limited has announced a crucial board meeting scheduled for September 19, 2025, to discuss and evaluate potential fundraising strategies through various financial instruments. The company's move comes as it seeks to strengthen its capital position and explore growth opportunities.

Board Meeting Agenda

The board of directors will convene to consider a proposal for raising funds through multiple avenues, including:

  • Issuance of equity shares
  • Debt securities
  • Other eligible securities (both convertible and non-convertible)

The company is exploring various permissible modes for this capital raise, such as:

  • Private placement
  • Preferential allotment
  • Qualified institutions placement
  • Other permissible modes or a combination thereof

Regulatory Compliance and Shareholder Approval

In adherence to regulatory requirements, DEE Development Engineers has provided prior intimation of this board meeting under Regulation 29(1)(d) of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

The board will also consider convening an Extra-Ordinary General Meeting or initiating a Postal Ballot process to seek shareholder approval for the proposed fundraising, as mandated by regulations.

Trading Window Closure

As part of its commitment to preventing insider trading, DEE Development Engineers has announced the closure of the trading window for designated persons and their immediate relatives. This closure will be in effect from September 16, 2025, until 48 hours after the conclusion of the board meeting on September 19, 2025.

Company Background

DEE Development Engineers Limited, with its registered office in Haryana, India, is listed on both the BSE and the National Stock Exchange of India. The company operates in the engineering sector, with its primary works located in Village Tatarpur, Dist. Palwal, Haryana.

This strategic move by DEE Development Engineers to explore diverse fundraising options could potentially impact its future growth trajectory and financial position. Investors and market watchers will be keenly awaiting the outcome of this important board meeting and any subsequent decisions regarding the company's capital raising initiatives.

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DEE Development Engineers Doubles Capacity at Anjar Facility, Boasts ₹1,335 Crore Order Book

1 min read     Updated on 08 Sept 2025, 10:41 AM
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Ashish ThakurScanX News Team
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Overview

DEE Development Engineers Limited has expanded its manufacturing capacity at the Anjar facility in Gujarat, adding 15,000 metric tons for Process Piping Solutions. This doubles the plant's production to 30,000 metric tons annually. The company reports a robust order book of ₹1,335 crore, with significant orders in oil & gas and power sectors. The expansion, completed on September 8, 2025, is expected to strengthen DEE's market position and meet growing demand across various industries.

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*this image is generated using AI for illustrative purposes only.

DEE Development Engineers Limited (DEE), a prominent player in the piping solutions industry, has announced a significant expansion of its manufacturing capabilities at its Anjar facility in Gujarat. The company has successfully commissioned an additional 15,000 metric tons of manufacturing capacity for Process Piping Solutions, effectively doubling the plant's production capability to 30,000 metric tons per annum.

Capacity Expansion Details

The expansion at the Anjar facility, located in Village Lakhapar, District Kutch, Gujarat, was completed on September 8, 2025. This strategic move is expected to strengthen DEE's position in both domestic and international markets, enhancing its ability to meet growing demand across various sectors.

Robust Order Book

Alongside the capacity expansion, DEE has reported a healthy order book of approximately ₹1,335 crore. This substantial backlog provides strong revenue visibility and underscores the company's growth trajectory. The orders span across multiple sectors, including oil & gas, power, chemicals, and process industries.

Management's Perspective

Mr. Krishan Lalit Bansal, Chairman & Managing Director of DEE Development Engineers Limited, expressed optimism about the development: "The successful commissioning of our expanded capacity at Anjar marks a significant milestone in DEE's growth journey. Backed by a strong order book and world-class facilities, we are well-equipped to fulfil our commitments to customers and stakeholders."

Order Book Breakdown

As of August 31, 2025, DEE's order book composition is as follows:

Segment Order Value (₹ in Crore)
DEE India - Power 343.00
DEE India - Oil & Gas 910.96
DEE India - Others 6.91
DEE Thailand - Power 33.92
DEE Thailand - Oil & Gas 16.40
DEE Fabricom India 22.90
Total 1,334.09

Future Outlook

The company remains committed to driving sustainable growth through continuous innovation and customer-centric solutions. DEE is also looking forward to the upcoming Seamless Pipe Plant, which is expected to further enhance its capabilities and product portfolio value.

With its expanded capacity and strong order book, DEE Development Engineers appears well-positioned to capitalize on opportunities in the piping solutions market and deliver value to its stakeholders in the coming quarters.

Historical Stock Returns for DEE Development Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.10%+10.13%+6.40%+28.79%-8.29%-10.80%
DEE Development Engineers
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