DEE Development Engineers Secures Rs. 90 Crore Windmill Tower Order
Filing Summary
DEE Development Engineers Ltd announced that its wholly owned subsidiary, DEE Fabricom India Private Limited, has received an email indicating intent for the supply of windmill towers. This order, valued at approximately Rs. 90 Crores, is the highest value order in the subsidiary’s history. The order is from a domestic entity, with execution scheduled between May 2026 and January 2027. The company has not disclosed the customer’s name due to commercial reasons. The transaction does not involve any related party transactions or interests from the promoter group.
DEE Development Engineers Ltd has disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that its wholly owned subsidiary, DEE Fabricom India Private Limited, has received an email indicating intent for the supply of windmill towers. This order is valued at approximately Rs. 90 Crores, marking it as the highest value order in the history of the subsidiary.
The order has been awarded by a domestic entity, although the name of the customer has not been disclosed due to commercial reasons. The nature of the order involves the supply of windmill towers, and it is expected to be executed over a period from May 2026 to January 2027.
There are no related party transactions involved in this order, and the promoter or promoter group does not have any interest in the entity that awarded the order. The transaction is conducted at arm’s length, ensuring compliance with regulatory requirements.
DEE Fabricom India Private Limited is focused on expanding its capabilities in the engineering and manufacturing sector, particularly in the renewable energy segment. This order aligns with its strategic objectives to enhance its portfolio in the wind energy market.
DEE Development Engineers Ltd specializes in providing engineering solutions and services, with a focus on the energy sector. The company is committed to expanding its presence in the renewable energy market, leveraging its expertise in engineering and manufacturing to secure significant contracts and enhance its market position.