DEE Development Engineers, a company that provides process piping solutions for oil & gas, power, and industrial sectors, has listed 74,296 equity shares under the DEE Employee Stock Options (DEE ESOPs) Scheme at NSE and BSE. These shares carry the same rights, benefits and voting powers as shares issued during the company’s IPO.
The company has always believed in rewarding and empowering employees even while strengthening its competitive edge in the rapidly-expanding energy, power and engineering sectors.
The organisation posted a strong Q1 FY26 performance, with revenue from operations growing 21.1 per cent year-on-year, to Rs 22,785 lakh.
According to Krishan Lalit Bansal, chairman and managing director, DEE Development Engineers, “Our people are the foundation of our growth story. With this ESOP grant, we aim to recognise and reward their dedication while also aligning them with the long-term value creation of the company. Coming on the back of a strong start to FY26, this step further reflects our confidence in scaling up capacity, diversifying into high-growth sectors like green hydrogen, and achieving our vision of reaching Rs 2,400 crore in revenues over the next 3–5 years.”
