DEE DEVELOPMENT ENGINEERS LIMITED : PREFERENTIAL ALLOTMENT OF 59,76,096 EQUITY SHARES

• The Fund-Raising Committee of the company approved the allotment of 59,76,096 equity shares at face value of Rs. 10 • The shares were allotted on a preferential basis at an issue price of Rs. 502 per equity share. • The total consideration for the allotment is Rs. 300,00,00,192. • The paid-up equity share capital of the company will increase from Rs. 69,26,33,420 to Rs. 75,23,94,380. • Allottees include various mutual funds and investment trusts.

DEE Development Engineers Limited

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