04-Nov-2026 08:32:05

DEEDEVGeneral news

DEE DEVELOPMENT : CARE UPGRADES RATINGS TO CARE A; STABLE / CARE A1

• Long term bank facilities upgraded to CARE A; Stable from CARE A-; Stable • Long term/short term facilities upgraded to CARE A; Stable / CARE A1 from CARE A-; Stable / CARE A2+ • Short term bank facilities upgraded to CARE A1 from CARE A2+ • Rated long term facilities reduced to ₹169.19 Cr from ₹205.08 Cr; LT/ST facilities enhanced to ₹825 Cr from ₹673 Cr; ST facilities raised to ₹480 Cr from ₹437 Cr • Rating action follows review of FY26 audited and Q1FY27 unaudited operational and financial performance • Total rated bank facilities at ₹1,474.19 Cr across term loans, fund based and non-fund based limits

DEE Development Engineers Limited

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