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Deep Industries informs about joint venture agreement

21 Jul 2023 Evaluate

Pursuant to regulations 30 read with Schedule III of the Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015, Deep Industries has informed that the company (DIL) has entered into Joint Venture arrangement with Focus Energy to carry out business for providing field services such as higher capacity Onshore Drilling Rig Services in Oil and Gas Industry in India. The details required under Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Anexure-1.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
ONGC 232.50
Oil India 492.20
Jindal Drilling&Inds 594.55
Deep Industries 744.65
Aban Offshore 14.26
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