NSE:DEEDEV

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DEE Development Engineers Unit Wins INR640 Million Wind Tower Order; Shares Fall 3%

DEE Development Engineers' (NSE:DEEDEV, BOM:544198) wholly owned subsidiary, DEE Fabricom India, has received an order worth 640 million rupees, including GST, from Ganeko Solar.Shares of the company fell nearly 3% in Tuesday's morning trade.The contract involves the manufacture and supply of 15 EN156 Envision make 353 MT windmill towers for 3.3 MW windmills, according to a Monday stock exchange filing.The order is scheduled to be executed by January 2027.

BOM:544198NSE:DEEDEV

Asia18d ago

DEE Development Engineers Approves INR3.20 Billion Preferential Issue

DEE Development Engineers (NSE:DEEDEV, BOM:544198) approved a preferential issue of up to 6.4 million equity shares at 502 rupees per share to raise about 3.20 billion rupees, according to an Indian bourse filing by the company.The company will allot up to 398,406 shares worth about 200 million rupees to a promoter group entity and up to 5.6 million shares worth about 2.80 billion rupees to 23 non-promoter investors, the filing said.

BOM:544198NSE:DEEDEV

Asia32d ago

DEE Development Engineers Clocks Lower Fiscal Q4 Consolidated Profit

DEE Development Engineers' (NSE:DEEDEV, BOM:544198) attributable consolidated profit declined to 280 million Indian rupees in the fiscal fourth quarter from 315.1 million rupees a year earlier, according to an Indian bourse filing on Thursday.Earnings per share for the quarter ended March 31 contracted to 3.99 rupees from 4.54 rupees a year earlier.Revenue from operations in fiscal Q4, however, increased year on year to 3.62 billion rupees from 2.86 billion rupees.

BOM:544198NSE:DEEDEV

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