Deepak Builders & Engineers India Limited (DBEIL) announced that shareholders have approved two key resolutions via postal ballot. The first resolution, an ordinary resolution, concerns the sub-division (stock split) of the company's equity shares. The face value of each equity share will be reduced from ₹10 to ₹1. The second ordinary resolution pertains to the increase in the company's authorized share capital and a consequential alteration of the Capital Clause in the Memorandum of Association. Both resolutions were passed with the requisite majority, as confirmed by the Scrutinizer's Report dated June 3, 2026. The postal ballot process commenced on May 4, 2026, and concluded on June 2, 2026. The results are available on the company's website.
