Deep Industries Ltd

Deep Industries Ltd has announced the receipt of a Letter of Award from Oil and Natural Gas Corporation Limited (ONGC) for hiring gas compression services. The contract is for a period of three years and will be executed at the Balol GGS-1, Mehsana asset. The total estimated value of this order is approximately INR 88.15 crores. This award is considered to be in the ordinary course of business for Deep Industries. The company confirmed that promoters or promoter groups do not have any interest in ONGC, and the contract is not a related party transaction.

Deep Industries Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year ended March 31, 2026. The report, filed in accordance with SEBI Listing Regulations, details the company's operations, employee data, and market presence. Key business activities include Natural Gas Compression/Processing Services (58% of turnover) and Workover and Drilling Rig Services (42% of turnover). The company operates on a standalone basis for reporting and serves major oil and gas producers, PSUs, private sector companies, and MNCs. Exports contribute 3.12% to the total turnover. The report also outlines employee statistics and gender representation in leadership roles.

Deep Industries Ltd has announced a book closure period from August 26, 2026, to September 1, 2026, for its 20th Annual General Meeting (AGM). The AGM is scheduled for September 1, 2026, at 11:00 a.m. IST via Video Conferencing. The company has fixed August 25, 2026, as the cut-off date for determining shareholder eligibility for e-voting and attending the AGM. Remote e-voting will commence on August 28, 2026, and conclude on August 31, 2026. The Annual Report for FY 2025-26, including the AGM notice, has been uploaded to the company's website and sent to members electronically.

Deep Industries Ltd has announced its 20th Annual General Meeting (AGM) scheduled for September 01, 2026, to be held via Video Conferencing. The company has submitted its Annual Report for the Financial Year 2025-26, along with the AGM notice, to the stock exchanges. The report highlights a strong performance in FY25-26, driven by a healthy order book and expansion into specialized services like the charter-hire model for gas processing facilities. A significant milestone was the strategic vertical integration into Production Enhancement Contracts (PECs) with a 15-year ONGC contract. The company is focused on maximizing production efficiency, expanding its charter-hire business, and maintaining financial prudence to align with India's energy self-reliance goals.

Deep Industries Ltd has announced that its 20th Annual General Meeting (AGM) will be held on Tuesday, September 01, 2026, at 11:00 a.m. IST via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company has also submitted the Notice of the 20th AGM along with the Annual Report for the Financial Year 2025-26. The Register of Members and Share Transfer Books will be closed from August 26, 2026, to September 01, 2026, for the AGM. The cut-off date for determining shareholder entitlement for e-voting and AGM attendance is August 25, 2026. Remote e-voting will commence on August 28, 2026, and conclude on August 31, 2026. Key agenda items include adopting the financial statements for FY2025-26, declaring a final dividend of ₹2.50 per equity share, and re-appointing Mr. Rohan Vasantkumar Shah as a director.

Deep Industries Ltd. reported its consolidated Q1 FY27 financial results, achieving an all-time high quarterly revenue and profitability. Total income surged by 42.11% year-on-year to ₹302.60 Cr, while EBITDA increased by 38.73% YoY to ₹131.83 Cr. Profit After Tax (PAT) grew by 44.48% YoY to ₹89.14 Cr. The company highlighted strong operational execution and market demand, securing key contracts for gas compression services. Chairman and Managing Director, Mr. Paras S. Savla, noted the company's strong start to FY27, driven by strategic achievements and operational excellence, and expressed confidence in future growth due to a robust order book, favorable policy environment, and rising energy demand.

Deep Industries Ltd's Board of Directors has approved the 'Deep Employee Stock Option Scheme 2026' (DIL ESOP 2026), which will be subject to shareholder and regulatory approvals. The scheme allows for the grant of 15,00,000 employee stock options exercisable into equity shares. The Board also approved un-audited financial results for Q1 FY27 and set August 21, 2026, as the record date for a final dividend, pending shareholder approval at the AGM. Additionally, alterations to the Articles of Association were approved to facilitate such schemes.

Deep Industries Ltd announced the appointment of Mr. Rajeev Kumar Sinha, Chief Operating Officer, as Senior Managerial Personnel effective August 1, 2026. The Board also approved the un-audited financial results for the quarter ended June 30, 2026, and took note of the Limited Review Report. Additionally, the company fixed August 21, 2026, as the record date for its final dividend for FY 2025-26, subject to shareholder approval. The Board also approved alterations to the Articles of Association to facilitate employee stock option schemes and adopted the Deep Employee Stock Option Scheme 2026, proposing to grant 15,00,000 options to eligible employees.

Deep Industries Ltd's Board of Directors has approved an amendment to the Article of Association, subject to shareholder approval, to enable the company to issue equity shares under employee stock option schemes. The board also approved the 'Deep Employee Stock Option Scheme 2026' (DIL ESOP 2026), allowing for the grant of 15,00,000 employee stock options. Additionally, the board took note of the un-audited financial results for the quarter ended June 30, 2026, and fixed August 21, 2026, as the record date for the final dividend for FY 2025-26, pending shareholder declaration at the AGM.

Deep Industries' Board approved Q1 FY27 unaudited financial results and fixed August 21, 2026, as the record date for the final dividend for FY25-26. Additionally, the Board approved an alteration to the Articles of Association and adopted the Deep Employee Stock Option Scheme 2026 (DIL ESOP 2026) to grant 15 lakh options, subject to shareholder approval.