DEE Development names Brham Prakash Yadav as new CFO; Sameer Agarwal resigns

Engineering solutions provider DEE Development Engineers Ltd on Wednesday (January 7) said its board of directors has approved a change in its top finance leadership, accepting the resignation of Chief

Financial Officer Sameer Agarwal and appointing Brham Prakash Yadav as the new CFO.

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In a regulatory filing, the company said the board took note of Agarwal’s resignation from the post of CFO, effective from the close of business hours on January 5, 2026. The board also approved the appointment of Brham Prakash Yadav as his successor with effect from January 7, 2026.

KL Bansal, Chairman and Managing Director of DEE Development Engineers Limited, said, “Brham brings a comprehensive blend of financial discipline, operational insight, and leadership acumen across large manufacturing enterprises. His extensive experience with capital-market transactions — including IPOs, private equity, mergers and acquisitions, and complex capital-raising activities — combined with a demonstrated ability to enforce cost and cash discipline, will be instrumental as DEE scales operations and explores new growth opportunities domestically and internationally.”

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His appointment was made based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the company said.

Brham Prakash Yadav said, “I look forward to collaborating with the leadership team to further strengthen financial governance, enhance capital efficiency, and support disciplined, sustainable growth aligned with the company’s strategic priorities and stakeholder interests.”

DEE Development Engineers had reported a 20.1% year-on-year drop in consolidated net profit to ₹17.80 crore, despite a 39.1% rise in revenue from operations to ₹270 crore in Q2FY26.

Profit before tax (PBT) zoomed 85.4% YoY to ₹22.34 crore in the second quarter from ₹12.13 crore a year ago.

Shares of DEE Development Engineers Ltd closed at ₹207.15, down ₹2.78, or 1.32%, today, January 7.