DEE Development Engineers Limited has announced a major business win that marks a milestone in its growth journey. The company informed exchanges under Regulation 30 of the SEBI Listing Regulations that its wholly owned subsidiary, DEE Fabricom India Private Limited, has received an email of intent for the supply of windmill towers. This order is the highest value order ever secured by the subsidiary.
The development highlights the company’s expanding footprint in the renewable energy infrastructure space, particularly in wind power equipment manufacturing, which continues to see strong demand across India.
According to the disclosure, the order has been awarded by a domestic entity. However, due to commercial confidentiality, the customer’s name has not been disclosed. The scope of work involves the supply of windmill towers, reinforcing DEE Fabricom’s capabilities in large-scale fabrication and heavy engineering.
The total order value is estimated at approximately ₹90 crore, making it a landmark contract in the subsidiary’s history. Execution of the order is scheduled over a defined period, beginning in May 2026 and extending until January 2027. This long execution window provides healthy revenue visibility for the company over multiple quarters.
The company has also clarified that the order does not involve any promoter, promoter group, or related party interest. Additionally, the contract does not fall under related party transactions, ensuring complete compliance with SEBI regulations and governance norms.
