Deep Industries’ subsidiary -- Prabha Energy has decided to accept Non-binding Foreign Investment proposal by way of Mandatory Convertible Securities upto $ 20 Million, subject to all necessary statutory compliances and due diligence. The company at its board meeting held on April 29, 2016 has decided for the same.
Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.
