DEE Development Engineers Limited has informed the Exchange regarding Allotment of 74296 Equity Shares against exercise of Vested Employee Stock Option under ESOP Scheme of the Company
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DEE Development Engineers has filed a revised disclosure regarding the allotment of 74,296 equity shares to eligible employees under its 'DEE ESOP Scheme 2023', originally allotted on 12th June 2025. The revision was made to include the distinctive share numbers (7,41,38,970 to 7,42,13,265) that were inadvertently missed in the earlier filing, in response to a BSE query dated 4th August 2025. The shares were issued at Rs. 10 per share (the par value, with no premium), are identical to existing equity shares with ISIN INE841L01016, and carry no lock-in. After this issue, the company's total issued share capital stands at Rs. 69.13 crore comprising 6,91,28,374 equity shares.
This is a routine compliance update correcting an administrative omission in a prior ESOP allotment disclosure. The actual share issuance already happened in June 2025, so there is no new impact on shareholders or the stock price. The small size of the allotment (74,296 shares) relative to the total share base means minimal dilution.