Deepak Builders and Engineers India Ltd

Issue Overview

• IPO of equity shares; includes fresh issue and OFS.
• Total issue size and net proceeds revised due to issue expenses.
• Main objectives: debt repayment, working capital, and general corporate purposes.

Utilisation of Proceeds

• Utilisation aligned with offer document.
• No material deviations or allocation changes observed.
• Repayment of borrowings: utilised.
• Working capital: utilised.
• General corporate purposes: utilised.
• Unutilised funds: balance held in monitoring and public offer accounts.

Governance and Compliance

• Statutory Auditor certificate and management undertaking provided.
• No material events or adverse information reported.
• No outstanding regulatory approvals noted.

GCP

• GCP allocated and utilised; end-quarter status shown.
• Board comments: No Comments.
• GCP cap aligned with offer document.

Standalone results

• Total Income for quarter ended 30 Jun 2026: 9,089.25 lakhs.
• PBT: 385.03 lakhs; Tax: 97.20; PAT: 287.83.
• EPS (Basic): 0.06; EPS (Diluted): 0.06.
• Revenue from operations not disclosed; total income includes 8,985.56 in other income.
• Authorised capital increased to Rs 65 crore; face value split to Rs 1; 10 shares each.
• Board approved unaudited results; Limited Review Report attached.
• Funds raised via public issue in Oct 2024: Rs 2,600.43 million; utilised 1,962.21.
• Audit Committee reviewed; Board approved the results.

Fund utilisation & deviations

• No deviation in use of funds raised; monitoring agency CRISIL.
• Repayment of borrowings: 300.00; Working capital: 1,119.56; General corporate: 542.65.
• Total utilised: 1,962.21; Gross proceeds: 2,171.42; unutilised: 0.68.
• Unutilised Rs 0.68 million retained in monitoring account.

Financial results and governance approvals

• Un-audited standalone Q1 FY2026 results approved with Limited Review Report.
• AGM Notice for Ninth AGM approved (VC/OAVM).
• Board’s report and annexures for FY2025-26 approved.
• Monitoring Agency Report and deviation/variation under Reg 32 approved.

Capital and share structure changes

• Authorised equity share capital increased to Rs 65 crore.
• Face value split from Rs 10 to Rs 1; 10-for-1 subdivision.

Fund utilization and monitoring

• Funds raised: Rs 2600.43 million; fresh issue and OFS.
• Deviation in use of funds reported as No.
• Monitoring agency: CRISIL Ratings Limited; report filed for quarter ended 30 Jun 2026.
• Total utilised from funds: Rs 1962.21 million; unutilised NIL.
• Unutilised amount in monitoring/public offer accounts: Rs 0.68 million retained.

Purpose of Postal Ballot

• To obtain member approval via remote e-voting for two independent director resolutions.

Resolutions

• Item 1: Special Resolution appoint Baldev Krishan Bassi as Independent Director for 3 years; outcome pending.
• Item 2: Special Resolution appoint Baldev Krishan Bassi as Non-Executive Independent Director aged 75; outcome pending.

Resolutions

• Item 1 (Special): Appoint Baldev Krishan Bassi as Non-Executive Independent Director for three-year term (2026–2029).
• Item 2 (Special): Approve Baldev Krishan Bassi as Independent Director aged 75+.

Certification status

• KFIN Technologies Limited certifies dematerialised/rematerialised details for quarter ended 30 June 2026 were furnished to all stock exchanges.
• CDSL certifies dematerialised/rematerialised details for quarter ended 30 June 2026 were furnished to all stock exchanges.
• NSDL certifies dematerialised/rematerialised details for quarter ended 30 June 2026 were furnished to all stock exchanges.