DEEPINDSNSEDeep Industries LimitedHighNegative
Announced Mon, 15 Dec · 15:04 IST

Deep Industries Limited has informed the Exchange regarding Demise of Mr Ashokkumar Ratilal Patel, Non- Executive Independent Director of the company on December 13, 2025.

Management Changes View source PDF

DEEPINDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Deep Industries Limited has informed the stock exchange about the passing away of Mr. Ashokkumar Ratilal Patel, a Non-Executive Independent Director of the company, on December 13, 2025. He was serving in a non-executive, independent capacity on the board. The company will now need to fill this board vacancy in line with regulatory requirements. The announcement is a formal disclosure of the sad event and is procedural in nature.

Likely market impact

Minor near-term impact on stock price; the company will need to appoint a new Independent Director within the SEBI-mandated timeline to maintain board composition compliance. No material change in business operations is expected.