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Company Information

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DEE DEVELOPMENT ENGINEERS LTD.

27 February 2026 | 12:00

Industry >> Engineering - Heavy

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ISIN No INE841L01016 BSE Code / NSE Code 544198 / DEEDEV Book Value (Rs.) 123.54 Face Value 10.00
Bookclosure 27/09/2024 52Week High 336 EPS 6.30 P/E 46.73
Market Cap. 2038.70 Cr. 52Week Low 183 P/BV / Div Yield (%) 2.38 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as "DE Development Engineers Private Limited" a private limited company under the Companies Act, 1956 through certificate of incorporation dated March 21, 1988, issued by the RoC. Thereafter, the name of the Company was changed to "DEE Development Engineers Private Limited" pursuant to a Board resolution dated September 28, 1997 and a special resolution passed in the general meeting of the Shareholders held on October 22, 1997 and consequently a fresh certificate of incorporation dated January 8, 1998 was issued by the RoC to reflect the change in name.

Pursuant to an amendment in the Companies Act, 1956, our Company was deemed public under Section 43A (1A) of the Companies Act, 1956 with effect from July 1, 1998. Consequently, the word `Private' was deleted from the name of our Company and the name was changed to "DEE Development Engineers Limited" pursuant to a Board resolution dated June 1, 1998.

Thereafter, our Company was converted into a private limited company pursuant to an amendment to Section 43A (1A) in Companies Act, 1956 by Section 43A (2A) of the Companies Amendment Act, 2000 with effect from July 16, 2004 and the name was changed to "DEE Development Engineers Private Limited" pursuant to a Board resolution dated July 16, 2004.

The name of our Company was changed to `DEE Development Engineers Limited' upon conversion to a public limited company pursuant to a Board resolution dated December 29, 2009 and a resolution passed in the extra-ordinary general meeting of the Shareholders held on January 18, 2010 and consequently a fresh certificate of incorporation dated March 11, 2010, was issued by the RoC.

Major events and milestones:
2006
-Established Unit I, Palwal Facility for manufacturing of other fabricated metal products along with the processing/re-rolling of metal scraps

2010
-Established Unit II, Palwal Facility for manufacturing of other fabricated metal products and the processing/re-rolling of metal scraps.

2013
-Established Unit III, Palwal Facility for manufacturing of other fabricated metal products and the processing/re-rolling of metal scraps.
-Commenced receiving orders for production of HP piping from a client for a power project at Solapur.

2014
-Commenced receiving orders for production of HP piping from a client for a power project at Meja.

2017
-Commenced business operations at Bangkok Facility, through our subsidiary DEE Piping Systems (Thailand) Co., Limited
-Commenced supply of piping material for a petroleum refinery and polypropylene plant in Nigeria.

2020
-Commenced business operations at Anjar Heavy Fabrication Facility in Gujarat, through our subsidiary DEE Fabricom India Private Limited, to manufacture wind turbine towers.

2022
-Commenced business operations at Anjar Facility I in Gujarat to manufacture fabricated metal products.
-Commenced business operations at the Barmer Facility in Rajasthan for manufacture of fabricated metal products.

2024
-Commenced business operations at the Numaligarh Facility in Assam to manufacture piping spools and pipe supports

2025 -Approval for Acquisition of shares of Molsieve Designs Limited -Mr. Krishan Lalit Bansal Promoter-Chairman and Managing Director of the Company has acquired 18,271 Equity Shares on 27.02.2025 and 5,750 Equity Shares on 28.02.2025 through Open Market Purchase -Mrs. Shikha Bansal, Person belonging to Promoter Group and Whole Time Director of the Company has acquired 4,800 Equity Shares on 04.03.2025 through Open Market Purchase. -Strategic Partnership with International Clean-Tech Partnerfor Green Hydrogen Production System Projects.