* Deep Industries Limited acquired 350,000 equity shares (70%) of Deep Natural Resources Limited (DNRL). * DNRL becomes a subsidiary of Deep Industries Limited. * The acquisition was completed on December 02, 2025. * DNRL's turnover for FY 2024-25 was ₹236.92 lakhs with a net profit of ₹16.63 lakhs, and a net worth of ₹178.73 lakhs as of March 31, 2025. * The acquisition is a related party transaction as shares were acquired from Prabha Energy Limited. * The transaction was done at arm's length, based on an independent valuation report. * Audit Committee and Board of Directors approved the transaction on May 15, 2024, and Shareholders approved on July 16, 2024. * The acquisition will enhance operational capabilities and improve efficiency due to synergy between the businesses. * Shares were acquired at ₹10 each with a premium of ₹22.25.
