DEE Development Engineers Limited — Important, 08-07-2026: Committee Meeting Updates
08-07-2026 | 08:32 pm
08-07-2026 | 08:32 pm
DEE Development Engineers' Fund-Raising Committee has approved the allotment of 59,76,096 equity shares at Rs. 502 per share, including a Rs. 492 premium. This preferential allotment on a private placement basis raises approximately Rs. 300 crore for the company. Consequently, the paid-up equity share capital will increase from Rs. 69.26 crore to Rs. 75.24 crore. This capital infusion strengthens the company's financial position, supporting future growth initiatives.
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