Dee Development Engineers has received approval for the proposal to set up a new manufacturing plant at Village Lakhapar, Anjar, Kutch, Gujarat, India for manufacturing of Seamless Pipes. Capacity will be increased 7,000 Tonnage. The Product will be used for internal consumption as well as for sale to customers. This transaction will help the company to expand its product offerings. Estimated amount to be invested is Rs 90 crore. The Board of Directors of the company at its meeting held on November 11, 2024, has approved the same.
Dee Development Engineers is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries through engineering, procurement and manufacturing.
| Company Name | CMP |
|---|---|
| BHEL | 325.60 |
| Thermax | 4182.30 |
| Kirloskar Oil Eng | 1641.75 |
| Skipper | 436.85 |
| GMM Pfaudler | 911.35 |
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