Deep Industries allots 13,75,000 equity shares

Deep Industries has informed that the Board of Directors of the Company at its meeting held on March 30, 2013, has allotted 13,75,000 Equity Shares of Rs. 10 at a premium of Rs. 66 per share to the allottees upon conversion of 13,75,000 Convertible Warrants which were allotted on December 09, 2011 at a price of Rs. 76 per Warrant on Preferential basis.

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