Disclosure Context

DEE Development Engineers Limited (Scrip Code: 544198, Symbol: DEEDEV) submitted a disclosure to BSE Limited and The National Stock Exchange of India Ltd. on October 16, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure was signed by Ranjan Kumar Sarangi, Company Secretary and Compliance Officer (Membership No.: F8604).

Nature of Event

The Company has entered into a Framework Agreement with an undisclosed domestic EPC contractor. The counterparty name is not disclosed as the Company considers it confidential.

Agreement Purpose and Scope

The Framework Agreement establishes a partnership to jointly pursue business opportunities in India's nuclear power sector, covering both ongoing and upcoming projects from public sector and private sector developers. The agreement specifically covers three nuclear technology types: PHWR (Pressurized Heavy Water Reactor), LWR (Light Water Reactor), and SMR (Small Modular Reactor).

Project Packages in Focus

  • Nuclear Island packages: covering primary piping and common services
  • Turbine Island packages: covering secondary cycle piping and light water systems

Products Covered

The agreement includes pipes, pipe fittings, piping spools, and forged pipes.

Company's Role as Strategic Partner

DEE Development Engineers will provide:

  • Pre-bid support including budgetary offers and commercial/pricing inputs
  • Design and engineering services including 3D modelling, piping general arrangement, isometrics, stress analysis, piping support design and drawings, material take-off, and as-built drawings and models
  • Manufacturing, supply and sourcing of seamless and welded pipes, wrought and forged fittings, piping spools, flanges, custom bends, pipe supports, venturis, flow nozzles, restricted orifices and other piping components
  • Documentation including quality assurance manual and plans, manufacturing procedures, NDT and testing procedures, progress schedules, and end documentation

EPC Contractor's Role

The domestic EPC contractor will be responsible for:

  • Sourcing enquiries and customer interaction
  • Preparation of offers and finalization of contracts in consultation with DEE Development Engineers
  • All site activities including field fabrication, erection, testing and commissioning

Financial and Commercial Terms

The Framework Agreement is explicitly not an order or contract for supply. It carries no committed order value and does not fix any execution period. Any actual business will materialize only when projects are awarded to the EPC contractor and definitive commercial terms are agreed upon separately. Future orders, if secured, will be disclosed separately as required by SEBI regulations.

Related Party Considerations

The disclosure confirms that the promoter/promoter group/group companies have no interest in the entity that awarded the framework agreement, and the arrangement does not constitute a related party transaction.