DEE Development Engineers to consider major fundraising initiative

DEE Development Engineers Limited will hold a board of directors meeting on Friday, September 19, 2025, to evaluate proposals for raising funds. The company plans to issue equity shares, debt securities, and/or other eligible securities, including convertible or non-convertible instruments. These could be pursued through various modes such as private placement, preferential allotment, or qualified institutions placement.

The board will also consider convening an extra-ordinary general meeting or initiating a postal ballot process to secure shareholder approval for the proposed fundraising. In line with regulatory requirements, the trading window for dealing in the company's equity shares will close for designated persons and their immediate relatives from September 16, 2025, until 48 hours after the meeting on September 19, 2025. This closure adheres to SEBI's insider trading regulations, 2015.