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Deep Industries acquires 74% stake in Breitling Drilling

12 Jul 2023 Evaluate

Deep Industries (DIL) has acquired 74% equity stake of Breitling Drilling (BDPL) and consequently it becomes a subsidiary of Deep Industries. The proposed investment in BDPL is expected to bring more operational efficiencies of the company. This investment will help DIL in developing more service offerings and strengthening the organization. The Company has made an aggregate investment of upto Rs 7,400 in BDPL through subscription to its shares.

BDPL is engaged in the business of providing and operating rigs, vessels, ships, structure, oil/ gas/ CBM/shale/ hydrocarbons field services such as mud engineering, mud logging, cementing, hydro-fracturing, work-over, testing, wire line logging inspection, repairs and reconditioning of tubular, and handling of oil for oil and natural gas industry in India.

Deep Industries is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services.

Deep Industries Share Price

476.90 -5.35 (-1.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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