Deep Industries Limited has informed the Exchange regarding Appointment of Rohan Vasantkumar Shah as Executive Director of the company w.e.f. Jun 24, 2026.
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Deep Industries' board, meeting on August 4, 2025, approved unaudited financial results (standalone and consolidated) for Q1 FY26 ending June 30, 2025. The board re-appointed three executive directors for five-year terms: Paras Shantilal Savla as Chairman & Managing Director (effective September 1, 2025), Rupesh Kantilal Savla as Managing Director (effective September 1, 2025), and Rohan Vasantkumar Shah as Whole-time Director (effective June 24, 2026). Two independent directors, Dr. Kirit Shelat and Mrs. Shaily Dedhia, were also re-appointed for second five-year terms. The board approved a substantial acquisition that will make Deep Natural Resources Limited a subsidiary, and amended the company's main objects clause to enter the manufacturing of chemicals and hydrocarbon fluids. The record date for the FY25 final dividend was fixed as August 22, 2025. M/s RPAP & Co. was appointed as Secretarial Auditor for five years from April 1, 2025.
The re-appointments lock in leadership continuity under the promoter Savla family with no management change. The move into chemicals/hydrocarbon fluids manufacturing and the Deep Natural Resources subsidiary acquisition signal strategic diversification beyond the core oil & gas services business, though execution and shareholder approval at the AGM remain key milestones to watch.