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DEE DEVELOPMENT ENGINEERS LIMITED Regulatory Filings 2024

Sep 7, 2024

62378_rns_2024-09-07_c6595193-cd6e-44f4-9013-2124229e70d9.pdf

Regulatory Filings

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7[th ] September, 2024

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

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir/Madam,

In continuation to the disclosure made on 21[st] August 2024 in this regard, Employees’ State Insurance Corporation (ESI), Ministry of Labour & Employment, Govt. of India has directed the Company to pay Rs. 3,20,289/- being the Principal Employer of M/s Unicorn Manpower Agency. The said Agency was providing service to various companies and the accumulated default in payment of ESI contribution, interest and damages during the period May 2012 to December 2024 was calculated to Rs. 1,16,89,044. The Company paid Rs. 3,20,289/- and the notice has been cancelled.

The details as required under SEBI Listing Regulations read with Circular no. SEBI/HO/CFD/CFDPoD-1/P-CIR//2023/123 dated July 13, 2023 are enclosed as Annexure I .

Yours faithfully,

For DEE Development Engineers Limited

Digitally signed by RANJAN KUMAR RANJAN KUMAR SARANGI SARANGI Date: 2024.09.07 15:15:10 +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

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Annexure – I

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

S.NO. PARTICULARS DETAILS
1. Name of the Authority Employees’ State Insurance Corporation
2. Nature and details of the action(s) taken,
initiated or order(s) passed
Recovery notice by Recovery Officer of
Employees’ State Insurance Corporation,
Faridabad, under Ministry of Labour &
Employment, Govt. of India against the,
being the Principal Employer of M/s
Unicorn Manpower Agency. The said
Agency was providing service to various
companies and the accumulated default in
payment of ESI contribution, interest and
damages during the period May 2012 to
December 2024,was Rs. 1,16,89,044.
3. Date of receipt of direction or order,
including any ad-interim or interim
orders, or any other communication from
the authority
6thSeptember, 2024
4. Details of the violation(s) /
contravention(s) committed or alleged to
be committed
The said M/s Unicorn Manpower Agency
was providing services to many companies.
The said Agency was working as a
manpower
supply
contractor
in
the
Company in the above referred period. The
said contractor defaulted in payment of ESI
contribution to Employees’ State Insurance
Corporation, Faridabad in respect of all
such companies. The Recovery Officer of
Employees’ State Insurance Corporation,
Faridabad served a notice against the
Company, for payment of outstanding dues
M/s Unicorn Manpower Agency, because
DEE Development Engineers was the
Principal Employer. The said Agency was
defaulted in payment of ESI contribution,
interest and damages during the period
May
2012
to
December
2024.
The
accumulated outstanding dues in respect of
all such companies amounted to Rs.
1,16,89,044.
The
Company
Official
appeared before the recovery Officer and
presented the case. The Recovery Officer
calculated
proportionate
amount
pertaining to supply of service to DEE
Development
Engineers
Limited
and
directed to deposit Rs. 3,20,289/- will as the
full and final settlement of the dues. The

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

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  1. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible

Company deposited the amount and subject notice was cancelled. Rs. 3,20,289/-

RANJAN Digitally signed by RANJAN KUMAR KUMAR SARANGI Date: 2024.09.07 SARANGI 15:15:57 +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