De Neers Tools Bags New Order from Renault
De Neers Tools Limited secured an order from Renault to supply 16,500 tool kits via channel partners, enhancing its presence in the professional tools market.
- From
- Renault
- tool kits
- 16500.0 units
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De Neers Tools Limited secured an order from Renault to supply 16,500 tool kits via channel partners, enhancing its presence in the professional tools market.
De Neers Tools allotted 16,00,200 equity shares and 4,99,800 warrants at ₹196 per share on a preferential basis, raising funds for the company.
De Neers Tools Limited announced the re-appointment of Neeraj Kumar Aggarwal as Whole-time Director and Shilpy Aggarwal as Managing Director.
De Neers Tools approved its 5th AGM notice, re-appointed its Managing Director and Whole-time Director, and approved various business resolutions including RPTs and object clause alteration.
De Neers Tools Limited held its 1st Extraordinary General Meeting on September 02, 2026. The members transacted special business items, including capital increase and preferential issuance.
De Neers Tools Limited received in-principle approval from the NSE to issue 16,00,200 equity shares and 4,99,800 shares upon warrant conversion.
De Neers Tools Limited issued a clarification to its EGM notice regarding a preferential issue. The update specifies the utilization policy for general corporate proceeds.
De Neers Tools announced an EGM on September 2, 2026, to approve a preferential issue of equity shares and warrants aggregating to ₹41.16 Crore.
De Neers Tools Limited called an EGM on September 02, 2026, to seek approval for increasing authorized capital and a preferential issue of 16.00 lakh shares.
De Neers Tools Limited's board approved an increase in authorized share capital to facilitate future fundraising, subject to shareholder approval at the upcoming EGM.
De Neers Tools Limited board approved a preferential issue of 16,00,200 equity shares and 4,99,800 warrants at Rs. 196 per unit, raising capital.
De Neers Tools Limited has scheduled a board meeting for August 6, 2026, to consider raising funds via a preferential issue of securities.
De Neers Tools appointed Mr. Sudhir Malhotra as Strategic Advisor for Automotive & Future Mobility. This aims to strengthen strategic capabilities in long-term growth segments.
De Neers Tools Limited has allotted equity shares via a preferential issue. This capital expansion increases the company's paid-up share capital to ₹9.62 Crore.
De Neers Tools has allotted 7.7 lakh equity shares at ₹154 per share upon warrant conversion, totaling approximately ₹11.86 Crore. This event modifies the company's paid-up capital.
De Neers Tools Limited successfully reclassified Mr. Kanav Gupta from the 'Promoter/Promoter Group' to the 'Public' category, following shareholder and regulatory approval.
De Neers Tools Limited announced the passing of a resolution for promoter reclassification through a postal ballot. Shareholders approved the proposal with the requisite majority.
De Neers Tools reported 27.8% YoY consolidated revenue growth to ₹46.8 Crore in Q1 FY27. Highlights include a Polycab order and a new 51% joint venture.
De Neers Tools Ltd responded to the exchange’s clarification request on its half‑year financial results, confirming prior submissions. No further disclosures are required.
De Neers Tools Ltd reported revenue from operations of ₹75.5 Cr (+49.5% YoY) and net profit of ₹8.8 Cr (+114.6% YoY) for H2 FY25.
De Neers Tools delivered strong FY26 performance with consolidated revenue at ₹1,780.3 Mn. Strategy focuses on high-SKU inventory, specialized tools, and Middle East expansion via a Dubai hub.
De Neers Tools received NSE approval to reclassify Mr. Kanav Gupta from promoter to public category. This formal regulatory change follows the company's December 2025 application.
De Neers Tools Ltd reported revenue from operations of ₹105.7 Cr (+40.6% YoY) and net profit of ₹16.5 Cr (+135.7% YoY) for H2 FY26.
De Neers Tools reported consolidated annual income of ₹178.26 Crore with a net profit of ₹25.29 Crore. Results reflect steady growth and include an unmodified auditor opinion.
De Neers Tools Limited will hold a board meeting on May 16, 2026. The board will consider and approve audited annual financial results.
De Neers Tools Limited signed a joint venture agreement to incorporate DNSJV Private Limited. The new entity will manufacture and market tools, bits, and allied products.
De Neers Tools Limited secured a significant order to supply 35,000 electrician tool kits to Polycab India Limited. Scheduled for execution in June 2026, the order strengthens the company's presence in the professional tools segment and is expected to positively impact revenue and business outlook.
De Neers Tools Limited has allotted 2.40 lakh equity shares and 16.80 lakh convertible warrants at Rs. 154 per unit, totaling approximately ₹29.57 Crore. The issuance includes public and promoter categories, with warrants convertible within 18 months. This preferential allotment strengthens the company's capital base to support future growth.
De Neers Tools Limited informed that Mr. Manoj Gupta and Mrs. Anju Gupta have withdrawn their requests for reclassification from 'Promoter Group' to 'Public' category. They will remain classified as Promoters. Meanwhile, the reclassification application for Mr. Kanav Gupta continues to be pursued with the National Stock Exchange of India.
De Neers Tools Limited has received in-principle approval from the NSE for the issuance and listing of 2,40,000 equity shares and 16,80,000 shares resulting from warrant conversion. The approval, dated April 24, 2026, is subject to compliance with SEBI and Exchange conditions.