De Neers Tools Limited
Incorporated in 1952, De Neers Tools Limited supplies industrial tools and is one of the few key players in the hand tool industry as per the industry report of CareEdge.
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De Neers Tools secured in-principle approval from NSE to list 16,00,200 new equity shares and 4,99,800 shares from warrant conversion. This expands their equity base by ₹2.10 Cr, setting the stage for future capital deployments.
De Neers Tools Limited has informed the Exchange about Clarification in the explanatory statement as part of the EGM Notice dated August 06, 2026
De Neers strengthens its automotive & future mobility business by appointing industry veteran Sudhir Malhotra as Strategic Advisor. His deep experience will boost customer engagement and drive long-term growth in this key evolving segment.
De Neers Tools delivered strong FY26 results: Revenue up 23% to ₹178.03 Cr, EBITDA up 50% to ₹38.73 Cr, PAT up 60.5% to ₹25.29 Cr. Strategic moves include a JV for manufacturing, expanding to 9,500 SKUs, and launching a Dubai hub for global growth.
De Neers Tools received NSE approval for Mr. Kanav Gupta's reclassification from the promoter group to the public shareholder category. This adjusts the company's ownership composition.