Dee Development Engineers Approves Equity Conversion Of ₹2,000 Crore Loan

Board approved contingent issuance of equity shares to Bank of India and consortium lenders upon default under a ₹2,000 crore loan, subject to shareholder approval. Authorised capital will rise from ₹85 crore to ₹95 crore for future fundraising; Whole-time Director remuneration increases by ₹1 crore, alongside related-party and family appointments. Context: adds to existing dilution concerns.