Business Update19 Mar 2026, 03:12 pm
Deep Industries Ltd Amends Provisional Suspension of Business Dealings for Certain Services
AI Summary
Deep Industries Ltd has received an amendment clarifying that the provisional suspension of business dealings in respect of the specified contract shall not apply to Gas Compression services, Gas Dehydration Services, Hiring Services of GCP plus GDU, Hiring Services of DPDU, Hiring of 1000 HP Drilling Rig services and Hiring of onshore Rigs of 100 MT. The company believes the provisional suspension is unwarranted but remains confident of a favorable resolution.
Key Highlights
- Deep Industries Ltd receives amendment to provisional suspension of business dealings
- Suspension does not apply to specific services including Gas Compression, Gas Dehydration, and hiring services
- Company remains confident of a favorable resolution despite believing the suspension is unwarranted