Deep Industries’ subsidiary -- Breitling Drilling has entered into a Joint Venture Agreement with Simplex Infrastructures with the object of creating business synergies for capturing prospective growth opportunities.
As per the terms of Joint Venture Agreement, 74% of the equity shares/voting rights will be owned by the company and remaining 26% will be held by Simplex Infrastructures.
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.
