DENEERS
De Neers Tools Limited
NSEFiling History
Recent corporate announcements and filings for DENEERS
Governance
Neutral
2026-09-29 23:30
- De Neers Tools Limited held its 5th Annual General Meeting (AGM) on September 29, 2026.
- Approved the re-appointment of Mr. Neeraj Kumar Aggarwal as Managing Director and Mrs. Shilpy Aggarwal as Whole-time Director for 5 years effective July 28, 2026.
- Approved alteration of the Objects Clause of the Memorandum of Association and other routine AGM business items.
Governance
Neutral
2026-09-29 23:23
- De Neers Tools Limited held its 5th Annual General Meeting (AGM) on September 29, 2026.
- Shareholders approved the alteration of the Objects Clause of the Memorandum of Association to expand business activities.
- Re-appointed Mr. Neeraj Kumar Aggarwal as Managing Director and Mrs. Shilpy Aggarwal as Whole-time Director for 5 years.
- Approved remuneration revisions, related party transactions, and investments concerning DNSJV Private Limited.
Routine
Neutral
2026-09-20 12:23
- Trading window for dealing in Equity Shares will remain closed from Thursday, October 01, 2026.
- This closure is ahead of the unaudited Financial Results for the Half-year ended on September 30, 2026.
- The window will reopen 48 hours after the communication of the financial results.
- The date of the Board Meeting to consider the results will be intimated subsequently.
Business Update
Neutral
2026-09-19 10:45
- Concall Schedule
- Concall Date: 25th September, 2026
- Concall Time: 2:00 PM to 3:00 PM
- Event: Arihant Capital (Broking) - Virtual Conference
Business Update
Positive
2026-09-14 17:29
- Order Win: De Neers Tools Limited won an order from Renault for the supply of 16,500 tool kits, to be executed through channel partners.
- Impact: The order is expected to have a positive impact on the Company's revenue and overall business outlook.
Ownership
Positive
2026-09-12 11:33
- The Board approved and allotted 16,00,200 Equity Shares and 4,99,800 Convertible Warrants on September 12, 2026.
- The issue price for both is ₹196.00 per share/warrant to non-promoter public allottees.
- Warrants are convertible into equity shares within 18 months.
Ownership
Positive
2026-09-12 11:30
- The Board approved preferential allotment of 16,00,200 Equity Shares and 4,99,800 Convertible Warrants on September 12, 2026.
- The issue price for both is Rs. 196.00 per share (Rs. 10/- face value + Rs. 186.00 premium).
- Allotment was made to non-promoter public category investors.
Governance
Positive
2026-09-02 23:53
- EGM on September 02, 2026, approved increasing Authorized Share Capital from ₹31 Cr to ₹33 Cr.
- It also approved a preferential issue of up to 16.00 Lakh Equity Shares and 4.99 Lakh Convertible Warrants at ₹196/- each to non-promoter public investors.
Governance
Positive
2026-09-02 23:53
- An EGM was held on Sep 02, 2026.
- Resolutions passed: increased Authorized Share Capital from ₹31 Cr to ₹33 Cr.
- Approved preferential issue of up to 16,00,200 equity shares and up to 4,99,800 convertible warrants at ₹196 each to non-promoter public category investors.
Governance
Positive
2026-09-02 23:52
- Summary of Proceedings/Outcome of 1st EGM held on September 02, 2026.
- Resolutions passed include: Increase in Authorised Share Capital from ₹31Cr to ₹33Cr.
- Preferential issue of up to 16,00,200 Equity Shares at ₹196/- per share (₹31.36Cr).
- Preferential issue of up to 4,99,800 Convertible Warrants at ₹196/- per warrant.
Governance
Positive
2026-09-02 23:49
- EGM held on September 02, 2026, approved increasing Authorised Share Capital from ₹31 Crores to ₹33 Crores.
- Members also approved a preferential issue of up to 16,00,200 Equity Shares at ₹196 per share (totaling ₹31.36 Crores) and up to 4,99,800 Convertible Warrants at ₹196 per warrant to non-promoter public investors.
Governance
Positive
2026-09-02 23:43
- EGM held on September 02, 2026, approved increasing authorized share capital from ₹31 Cr to ₹33 Cr.
- Resolutions passed for preferential allotment of up to 16,00,200 equity shares at ₹196 each (total ₹31.36 Cr).
- Resolutions also passed for preferential allotment of up to 4,99,800 convertible warrants at ₹196 each.
Ownership
Positive
2026-08-27 19:48
- De Neers Tools Limited received NSE in-principle approval on Aug 27, 2026, for issuing and listing 16,00,200 equity shares and 4,99,800 equity shares from warrant conversion, each ₹10/-. This is subject to compliance.
Governance
Neutral
2026-08-24 12:28
- Clarification on the explanatory statement for the EGM Notice dated August 06, 2026, for the EGM to be held on September 02, 2026.
- It details that up to 25% of the Preferential Issue proceeds can be used for general corporate purposes, subject to compliance with the Companies Act, 2013 and other applicable laws.
Governance
Positive
2026-08-08 19:12
- Notice for 1st EGM on Sept 02, 2026, to approve increasing authorized share capital from ₹31 Cr to ₹33 Cr. Also, a preferential issue of 16,00,200 equity shares and 4,99,800 convertible warrants at ₹196 each to non-promoter public. Remote e-voting from Aug 29 to Sep 01, 2026.
Governance
Neutral
2026-08-06 16:04
- Board of Directors approved a preferential issue of up to 16,00,200 Equity Shares and 4,99,800 Warrants at ₹196.00 each to non-promoter public category persons, subject to approvals.
- Authorized share capital will increase from ₹31.00 crores to ₹33.00 crores.
- An Extraordinary General Meeting (EGM) will be held on September 02, 2026, to seek member approvals.
- E-voting for the EGM will be from August 29, 2026, to September 01, 2026.
Ownership
Positive
2026-08-06 15:39
- Preferential issue of 16,00,200 Equity Shares and 4,99,800 warrants to non-promoters approved by Board at Rs. 196 each.
- Authorized share capital to increase from ₹31 Cr to ₹33 Cr.
- EGM on September 02, 2026, for shareholder approval of capital changes.
Governance
Neutral
2026-08-06 15:35
- Board approved a preferential issue of up to 16,00,200 Equity Shares and 4,99,800 Warrants at ₹196.00 each to non-promoter public category, subject to approvals.
- Authorized share capital will increase from ₹31.00 crores to ₹33.00 crores.
- An EGM is scheduled for September 02, 2026, for shareholder approval, with e-voting from August 29 to September 01, 2026.
Governance
Positive
2026-08-06 15:35
- Board approved preferential issue of up to 16,00,200 Equity Shares and 4,99,800 Warrants at ₹196.00 each to non-promoter public category, subject to approvals.
- Authorized share capital to increase from ₹31.00 crores to ₹33.00 crores.
- An Extraordinary General Meeting (EGM) is scheduled for September 02, 2026, to seek members' approval, with e-voting from August 29 to September 01, 2026.
Governance
Positive
2026-08-06 15:32
- The Board approved a preferential issue of up to 16,00,200 Equity Shares and 4,99,800 warrants to non-promoter public category persons at an issue/exercise price of ₹196 each.
- The authorized share capital will be increased from ₹31.00 crores to ₹33.00 crores.
- An Extraordinary General Meeting (EGM) is scheduled for September 02, 2026, to seek shareholder approval for these proposals.
- E-voting for the EGM will commence on August 29, 2026, and conclude on September 01, 2026.
Governance
Positive
2026-08-03 16:48
- Board Meeting on August 6, 2026 to consider raising funds via preferential issue of securities (equity shares/convertible warrants/other securities).
- Trading Window closed from August 3, 2026, until 48 hours after the meeting outcome.
Governance
Positive
2026-07-27 12:33
- De Neers Tools Limited appointed Mr. Sudhir Malhotra as Strategic Advisor for Automotive & Future Mobility on July 27, 2026.
- This appointment aims to strengthen strategic capabilities, expand presence in the automotive value chain, and leverage Mr. Malhotra's three decades of industry experience.
Ownership
Neutral
2026-07-23 16:57
- The Board of Directors of De Neers Tools Limited approved the allotment of 7,70,000 equity shares of face value ₹10 each at an issue price of ₹154 per share to the promoter category upon conversion of convertible warrants.
- Post-allotment, the paid-up share capital is 96,16,400 equity shares.
- 9,10,000 convertible warrants remain unexercised.
Ownership
Positive
2026-07-23 16:51
- De Neers Tools Ltd. Board approved the allotment of 7,70,000 equity shares at ₹154/- each on July 23, 2026.- These shares were allotted to the promoter category upon conversion of convertible warrants.- Post-allotment, the paid-up share capital is 96,16,400 equity shares.
Ownership
Neutral
2026-07-22 01:00
- Shareholders approved the reclassification of Mr. Kanav Gupta (holding 8.42% shares) from 'Promoter/Promoter Group' to 'Public' category via Postal Ballot.
- Post-reclassification, promoter group shareholding decreased from 46.25% to 37.83%, while public shareholding increased from 53.75% to 62.17%.
Governance
Neutral
2026-07-22 00:40
- De Neers Tools Limited submitted voting results and the Scrutinizer's Report for a postal ballot.
- An Ordinary Resolution to reclassify Mr. Kanav Gupta from "Promoter/Promoter Group" to "Public" category was passed by Members with requisite majority.
- The resolution received 100% of the valid votes cast in favour and is deemed passed effectively on July 20, 2026.
Business Update
Positive
2026-07-17 09:37
- Consolidated revenue for Q1 FY27 stood at ₹46.8 Cr, up 27.8% YoY from ₹36.7 Cr in Q1 FY26.
- Secured an order from Polycab India Limited for the supply of 35,000 electrician tool kits.
- Entered into a Joint Venture with a 51% stake to manufacture tools, bits, sockets, and allied products for backward integration.
Business Update
Positive
2026-07-15 18:51
- Consolidated revenue for Q1 FY27 stood at ₹46.8 Cr, marking a 27.8% YoY growth compared to ₹36.7 Cr in Q1 FY26.
- Secured an order from Polycab India Limited for the supply of 35,000 electrician tool kits.
- Entered into a Joint Venture with a 51% stake for manufacturing tools, bits, sockets and allied products.
Financials
Negative
2026-06-29 15:05
CRITICAL RED FLAG DETECTED
- Company submitted revised consolidated annual financial results for the year ended March 31, 2026, in response to SEBI's clarification requests.
- Corrections addressed a missing balancing figure note and XBRL PAT mismatch.
- Unmodified audit opinion was issued. For FY26, Consolidated Revenue was ₹17,802.77 lakhs and PAT ₹2,529.12 lakhs.
Routine
Neutral
2026-06-29 10:28
- Company provided clarifications to NSE regarding financial results formatting and IPO fund utilization, in response to queries dated June 25, 2026.
- It stated previous submissions already addressed these queries, including a complete utilization report for funds raised (₹229.91 Cr) with no deviation from stated objectives.
- Non-disclosure of comparative figures for Sep 2024 and March 2025 was explained by subsidiary consolidation changes, as FY24-25 was the first year Deneers Tools Trading LLC became a subsidiary.
Financials
Positive
2026-06-25 16:12
- Standalone Revenue ₹144.92 Cr vs ₹109.80 Cr (▲32.0% YoY)
- EBITDA ₹27.71 Cr vs ₹14.69 Cr (▲88.6% YoY)
- PAT ₹17.63 Cr vs ₹8.66 Cr (▲103.6% YoY)
- EBITDA Margin 19.1% vs 13.4% (▲574bps)
Governance
Neutral
2026-06-20 18:04
- Postal Ballot Notice issued for the reclassification of Mr. Kanav Gupta from 'Promoter/Promoter Group' to 'Public Shareholder' category. Mr. Gupta holds 8.42% of shares. E-voting period is from June 21, 2026, to July 20, 2026. Results will be announced by July 22, 2026.
Business Update
Neutral
2026-06-11 09:41
- Concall Schedule
- Concall Date: 15th June, 2026
- Concall Time: 10:00 am to 06:00 pm
- Mode: In Person
- Venue: Mumbai