DEE Development Engineers Limited — Important, 21-05-2026: Disclosure of material issue

DEE Development Engineers' material subsidiary in Thailand, DEE piping System (Thailand) Co. Limited, has secured a significant long-term order from an international EPC company.

**Key Development:** The company has entered a Reservation Agreement, booking 60% of its total HRSG pipe spool fabrication capacity (including shop detailing, procurement, and manufacturing).

**Details & Impact:**

* This agreement spans from June 1, 2027, through December 31, 2029, providing over two years of secured capacity utilization.

* It guarantees a minimum revenue of US$15.27 million (~₹127 Cr) *per annum*.

* **Investor Takeaway:** This is a major positive, ensuring substantial and stable revenue for a key subsidiary well into the future. It offers excellent long-term visibility and reduces execution risk by locking in a significant portion of capacity. The customer's name is undisclosed due to commercial reasons.

#DEEDEV #OrderWin #InvestorUpdate