Deep Industries Limited (DEEPINDS) — Corporate Action Announcement
Deep Industries Limited announced a final dividend of INR 2.50 per share (50% of Rs. 5 face value) for shareholders to approve at the upcoming AGM, following approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditor issued an unmodified opinion, reappointed Manubhai & Shah LLP as internal auditor for 2026-27, and confirmed no modifications to the audit report despite reliance on other auditors' reports and conversion adjustments for foreign subsidiaries. The filing also disclosed an effective scheme of amalgamation with Energy & Chemicals Limited sanctioned by NCLT on March 23, 2026, effective March 30, 2026, and exceptional write-offs related to legacy trade receivables from a past acquisition, impacting prior year financials. The company emphasized compliance with Indian Accounting Standards and ethical requirements in its financial reporting.
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About Deep Industries Limited (DEEPINDS)
Oil Gas & Consumable Fuels · Oil · Listed on NSE
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