Business Update7 May 2026, 04:03 pm
Deep Industries Gets ₹78 Cr Contract Extension
AI Summary
Deep Industries Ltd has secured a 30-month extension from Antelopus Selan Energy Limited for providing Integrated Drilling Services, commencing from July 1, 2026. The extension is valued at USD 8.28 Million, equivalent to approximately ₹78 crores. This contract extension is in the ordinary course of business for Deep Industries.
Key Highlights
- Deep Industries secures contract extension from Antelopus Selan Energy.
- The contract is for Integrated Drilling Services.
- The extension spans 30 months, starting July 1, 2026.
- The contract extension is valued at USD 8.28 Million (₹78 crores).
- The extension is in the ordinary course of business.