Announced Wed, 1 Jul · 23:54 IST
In-principle approval for preferential issue of 59.76 lakh shares at Rs 502
Fund Raising View source PDF
DEEDEV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+5.0%1-day move
₹675.55
prior close
₹709.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+5.0+1.4-5.0-0.1+1.5+0.7-4.1———
Up moveDown movePending
AI summary
DEE Development Engineers has received in-principle approval from BSE and NSE for issuing 59,76,096 equity shares on a preferential basis at Rs 502 each (face value Rs 10, premium Rs 492). Shares will be allotted to promoters and non-promoters, potentially raising about Rs 300 crore. This is procedural approval; actual allotment and listing application still pending.
Likely market impact
Potential equity dilution once shares are allotted. Procedural approval only; actual issuance still pending.