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Deep Industries gets nod to raise funds up to Rs 350 crore via QIP
Dec-28-2024

Deep Industries has received approval for raising of funds by way of issuance of equity shares of the Company having face value of Rs 5 each, for an aggregate amount not exceeding Rs 350 crore (inclusive of such discount or premium to market price or prices permitted under applicable law) by way of qualified institutions placement (QIP) in one or more tranches, subject to such regulatory/statutory approvals as may be required and the approval of shareholders of the Company. The Board of Directors of the Company at its meeting held on December 28, 2024 inter-alia has approved the same.  

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.


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