DEE Development Engineers Limited has informed the Exchange about 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'
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The Haryana State Pollution Control Board (HSPCB), Panchkula, has imposed an environmental compensation of Rs. 4,40,000 on DEE Development Engineers Limited for discharging pollutants above permissible limits at its Plant 2 located in Village Maidapur, Tatarpur, District Palwal. The unit, which manufactures Pre-Fabrication Pipes & Fittings, falls under the Red Category of industries. A field inspection on February 24, 2024 found that the company's STP (Sewage Treatment Plant) discharge exceeded prescribed standards, as confirmed by Analysis Report No. 2139 dated March 5, 2024. The Environmental Compensation Assessment Committee finalized the penalty on June 26, 2025, and the company received the order on August 29, 2025. The violation pertains to the Environment (Protection) Rules, 1986, and consent conditions under the Water and Air Pollution Control Acts.
The penalty amount of Rs. 4.40 lakh is financially negligible and unlikely to affect the company's operations or stock price meaningfully. However, it flags environmental compliance concerns at a key plant that investors may want to monitor going forward.