Deep Industries has acquired 100% equity stake of Indra Offshore Services (INDRA) on January 15, 2025. Pursuant to acquisition of the shares of INDRA, it has become a wholly owned subsidiary of the Company as per the Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.
Both the companies are providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services. Since both the companies belong to the same industry, the proposed investment is expected to bring more strategic and operational efficiency for the Company.
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.
