Deep Industries Limited — Important, 31-10-2024: General Updates

Deep Industries Limited announced that its wholly-owned subsidiary, Deep Onshore Services, has received approval from the National Company Law Tribunal for its Resolution Plan to acquire Dolphin Offshore Shipping Limited. This approval follows prior endorsement from Dolphin Shipping's Committee of Creditors. The decision is part of the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. Further details were published on the NCLT's official website.