AI assistant
DEE DEVELOPMENT ENGINEERS LIMITED — Board/Management Information 2026
Jan 7, 2026
62378_rns_2026-01-07_70a6ead6-b294-42c3-8a63-28f5218cc03a.pdf
Board/Management Information
Open in viewerOpens in your device viewer
==> picture [134 x 47] intentionally omitted <==
Date: 7[th] January, 2026
Listing Compliance Department
| BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400001 ScripCode:544198 |
The National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Symbol:DEEDEV |
|---|---|
Subject: Press Release – DEE Development Engineers Limited Appoints Brham Prakash Yadav as Chief Financial Officer
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is the press release issued by the Company on the captioned subject, the content of which is self-explanatory.
The above information is being made available on the website of the Company www.deepiping.com.
This is for your information and record please.
Yours faithfully,
For DEE Development Engineers Limited
Digitally signed by RANJAN RANJAN KUMAR KUMAR SARANGI SARANGI Date: 2026.01.07 09:41:17 +05'30'
__________ Ranjan Kumar Sarangi Company Secretary and Compliance Officer Membership No.: F8604 Address: Unit 1, Prithla - Tatarpur Road, Village Tatarpur Dist. Palwal, Faridabad, Haryana – 121 102
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India T: +91 1275 248200, F: +91 1275 248314, E: [email protected], W: www.deepiping.com CIN: L74140HR1988PLC030225 GST Registration No . 06AACCD0207H1ZA
==> picture [134 x 47] intentionally omitted <==
DEE Development Engineers Limited Appoints Brham Prakash Yadav as Chief Financial Officer
Delhi, January 07, 2026: DEE Development Engineers Limited (DDEL) (BSE: 544198; NSE: DEEDEV), a leading name in process piping solutions, announces the appointment of Mr. Brham Prakash Yadav as Chief Financial Officer, effective January 2026. Mr. Yadav is a Chartered Accountant and Cost Accountant with over 30 years of extensive experience in finance and operations within large, multi-plant manufacturing organizations. He possesses a strong track record in governance, capital allocation, and performance enhancement in listed company environments.
This appointment follows a robust first half of FY26, during which DDEL reported a 39.2% year-on-year increase in Q2 FY26 Operating Income, reaching ₹27,000 lakhs, alongside a 47.9% rise in Operating EBITDA to ₹4,406 lakhs, with margins expanding to 16.3%. For H1 FY26, Revenue from Operations grew by 30.3% year-on-year to ₹49,376 lakhs, supported by an order book of ₹1,332.53 crore as of 30 November 2025 and sustained momentum in the power and oil and gas sectors. In this context, Mr. Yadav will play a pivotal role in fortifying financial strategy, capital planning, and governance to underpin DEE’s forthcoming growth phase.
Most recently, Mr. Yadav served as Chief Financial Officer and Board member at Munjal Auto Industries Limited, a publicly listed automotive components manufacturer with revenues exceeding ₹1,800 crore. There, he oversaw finance, treasury, taxation, internal controls, and investor relations across multiple manufacturing sites. His prior roles include leadership of finance functions at prominent engineering and auto-component companies, where he spearheaded initiatives in financial planning and analysis, working capital optimization, internal financial controls, and regulatory compliance.
Mr. K.L. Bansal, Chairman and Managing Director of DEE Development Engineers Limited , remarked, “Brham brings a comprehensive blend of financial discipline, operational insight, and leadership acumen across large manufacturing enterprises. His extensive experience with capitalmarket transactions—including IPOs, private equity, mergers and acquisitions, and complex capitalraising activities—combined with a demonstrated ability to enforce cost and cash discipline, will be instrumental as DEE scales operations and explores new growth opportunities domestically and internationally.”
Throughout his career, Mr. Yadav has been instrumental in several high-impact financial initiatives, including private debt funding of approximately ₹400 crore, multiple plant acquisitions, large-scale greenfield projects, and enterprise-wide cost and control programs that have significantly enhanced profitability and cash flow. He has also led the implementation of management dashboards, plant-level cost controls, and working capital improvements, resulting in reduced interest expenses and improved return on capital employed.
Mr. Brham Prakash Yadav stated, “DEE has established itself as a trusted specialist in process piping solutions, supported by a strong order book and an expanding global presence. I look forward to collaborating with the leadership team to further strengthen financial governance,
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India T: +91 1275 248200, F: +91 1275 248314, E: [email protected], W: www.deepiping.com CIN: L74140HR1988PLC030225 GST Registration No . 06AACCD0207H1ZA
==> picture [134 x 47] intentionally omitted <==
enhance capital efficiency, and support disciplined, sustainable growth aligned with the company’s strategic priorities and stakeholder interests.”
DEE Development Engineers remains committed to disciplined execution, financial transparency, and strategic expansion as it advances its long-term growth objectives within key energy and infrastructure sectors.
About DEE DEVELOPMENT ENGINEERS LIMITED
DDEL is the largest player in process piping solutions in India in terms of installed capacity, with strategically located state-of-the-art manufacturing facilities. It is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries, and chemicals through engineering, procurement, and manufacturing services. DEE also manufactures and supplies piping products such as high-pressure piping systems, piping spools, high-frequency induction pipe bends, LSAW pipes, industrial pipe fittings, pressure vessels, industrial stacks, modular skids, and accessories, including boiler superheater coils, de-super heaters, and other customized manufactured components, while also specializing in handling complex metals such as varying grades of carbon steel, stainless steel, super duplex stainless steel, alloy steel, and other materials including Inconel and Hastelloy in our manufacturing processes.
Media Contact
Isha Rana, 95405 20550, [email protected] Ishank Garg, 97110 35025, [email protected]
Digitally signed by RANJAN KUMAR RANJAN KUMAR SARANGI SARANGI Date: 2026.01.07 09:41:51 +05'30'
DEE DEVELOPMENT ENGINEERS LIMITED
Regd. Office: Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Haryana- 121102, India Works: Unit 1, 2 & 3, Village Tatarpur, Dist. Palwal, Haryana- 121102, India T: +91 1275 248200, F: +91 1275 248314, E: [email protected], W: www.deepiping.com CIN: L74140HR1988PLC030225 GST Registration No . 06AACCD0207H1ZA