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DEE DEVELOPMENT ENGINEERS LIMITED — Regulatory Filings 2025
May 29, 2025
62378_rns_2025-05-29_0eace436-8d47-4afe-9447-4fb99137ff71.pdf
Regulatory Filings
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Date: 29[th] May, 2025
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: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations)
Dear Sir/ Madam,
Please find enclosed herewith the Statement of Deviation or Variation of proceeds of public issue – Initial Public Offer (IPO) as per the SEBI Circular CIR/CFD/CMD1/162/2019 dated 24.12.2019 for the quarter ended on 31[st] March, 2025. (“Annexure-A”)
This is for your information and record please.
Yours faithfully,
For DEE Development Engineers Limited
Digitally signed by RANJAN KUMAR RANJAN KUMAR SARANGI SARANGI Date: 2025.05.29 19:18:22 +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 A”
| Statement of Deviation/ Variation in DEE Development Engineers Limited Public Issue - IPO 26.06.2024 Rs. 325 Crore 31stMarch, 2025 Applicable CRISIL Ratings Limited No Not Applicable Not Applicable Not Applicable None None The Funds has been used as per objects. No Deviation in use of Funds from original Object. |
Statement of Deviation/ Variation in DEE Development Engineers Limited Public Issue - IPO 26.06.2024 Rs. 325 Crore 31stMarch, 2025 Applicable CRISIL Ratings Limited No Not Applicable Not Applicable Not Applicable None None The Funds has been used as per objects. No Deviation in use of Funds from original Object. |
Statement of Deviation/ Variation in DEE Development Engineers Limited Public Issue - IPO 26.06.2024 Rs. 325 Crore 31stMarch, 2025 Applicable CRISIL Ratings Limited No Not Applicable Not Applicable Not Applicable None None The Funds has been used as per objects. No Deviation in use of Funds from original Object. |
utilization of funds raised Funds Utilized (Up to 31st March, 2025) Amount of Deviation/ Variation for the quarter according to applicable object Remarks if any |
utilization of funds raised Funds Utilized (Up to 31st March, 2025) Amount of Deviation/ Variation for the quarter according to applicable object Remarks if any |
utilization of funds raised Funds Utilized (Up to 31st March, 2025) Amount of Deviation/ Variation for the quarter according to applicable object Remarks if any |
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|---|---|---|---|---|---|---|---|
| Name of listed entity | DEE Development Engineers Limited |
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| Mode of Fund Raising | Public Issue - IPO | ||||||
| Date of Raising Funds | 26.06.2024 | ||||||
| Amount Raised | Rs. 325 Crore | ||||||
| Report filed for Quarter ended |
31stMarch, 2025 | ||||||
| Monitoring Agency | Applicable | ||||||
| Monitoring Agency Name, if applicable |
CRISIL Ratings Limited |
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| Is there a Deviation/ Variation in use of funds raised |
No | ||||||
| If yes, Whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders |
Not Applicable | ||||||
| If Yes, Date of shareholder Approval |
Not Applicable | ||||||
| Explanation for the Deviation/ Variation |
Not Applicable | ||||||
| Comments of the Audit Committee after review |
None | ||||||
| Comments of the auditors, if any |
None | ||||||
| Objects for which funds have been raised and where there has been a deviation, in the following table |
The Funds has been used as per objects. No Deviation in use of Funds from original Object. |
||||||
| Original Object | Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilized (Up to 31st March, 2025) |
Amount of Deviation/ Variation for the quarter according to applicable object |
Remarks if any |
|
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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Deviation or variation could mean:
(a) Deviation in the objects or purposes for which the funds have been raised or
(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc
SAMEER Digitally signed by SAMEER AGARWAL AGARWAL Date: 2025.05.29 19:17:20 +05'30' __________ Sameer Agarwal Chief Financial Officer
__________
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