Deep Industries Limited has informed the Exchange regarding Appointment of Mr Rupesh kantilal Savla as Managing Director of the company w.e.f. September 01, 2025.
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The board of Deep Industries approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) and announced the re-appointment of Mr. Paras Savla as Chairman & Managing Director and Mr. Rupesh Savla as Managing Director, both for 5 years from September 1, 2025. Mr. Rohan Shah was re-appointed as Whole-time Director (effective June 24, 2026), and two Independent Directors — Dr. Kirit Shelat and Mrs. Shaily Dedhia — were re-appointed for a second 5-year term each. The board also cleared a substantial acquisition in Deep Natural Resources Limited, which will become a subsidiary, and approved changes to the company's main objects to enter the manufacturing of chemicals and hydrocarbon fluids. M/s RPAP & Co. was appointed as Secretarial Auditor for 5 years, and the record date for the final dividend was set as August 22, 2025.
Continuity at the top with promoter family re-appointments signals stability, while the new subsidiary and entry into chemical/hydrocarbon manufacturing hint at vertical integration and business expansion that could support long-term growth. Investors should watch the Q1 results for earnings direction.