Shares of DEE Development Engineers Limited are likely to remain in focus after the company announced that it has secured a significant international order worth $10 million (approximately Rs 83 crore). The order is for piping spool fabrication, including NDT (Non-Destructive Testing), PWHT (Post Weld Heat Treatment), blasting, painting, packing, and transportation up to the FOB port.
According to the company’s filing on June 25, 2025, the order has been awarded by an international client, though the customer’s name remains undisclosed due to commercial reasons. The execution timeline for the project has been set until February 28, 2026.
The order falls under the “Piping Fabrication work with material basis” category and is classified as an international contract. DEE Development Engineers clarified that there is no related party interest in the transaction.
This latest order comes as a positive development for the company, strengthening its international order book and demonstrating its expertise in high-end fabrication projects for the global energy and engineering sectors.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
