Deep Industries takes charge of Rajahmundry asset fields

Deep Industries has officially taken over operations of mature fields situated at the Rajahmundry Asset, according to a regulatory filing made on April 3, 2025. This move follows a previously disclosed letter of award regarding production enhancement operations from Oil and Natural Gas Corporation Limited, aimed at a 15-year period. The details regarding the original award were disclosed on September 7, 2024, referencing SEBI regulations and circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The company confirmed it has adhered to all necessary disclosure requirements as outlined by the Securities and Exchange Board of India (SEBI).