Deep Industries has received approval to raise upto Rs 150 crore through issuance of securities including equity shares and/or other securities convertible into equity shares including through public issue and/or on a private placement basis and/or preferential issue or any other kind of issue by way of further public offer or right issue or including through a Qualified Institutional Placement (QIP). The board of directors at its meeting held on September 14, 2020 has approved the same.
Deep Industries (DIL), established in the year 1991 with headquarters in Ahmedabad, Gujarat, primarily caters to ever increasing demand for Oil and Gas Field Services requirements.