The Board has passed the resolution for amendment of the Article of Association of the Company subject to shareholders approval

DEEP Industries Limited Oil & Gas Field Services July 28, 2026 To, To, Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Ltd. 2nd Floor, P.J. Towers, Exchange Plaza, Plot No. C/1, G-Block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051. SCRIP CODE: 543288 SYMBOL: DEEPINDS Sub: Regulation 30 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI (LODR) Regulation)-Outcome of the Board meeting held today i.e. July 28, 2026 Dear Sir/ Madam, With reference to captioned subject matter, we hereby inform you that the Board of Directors of the Company at its meeting held today i.e. July 28, 2026 has approved the following businesses; 1. Approval of Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter ended on June 30, 2026 and took note of Limited Review Report issued by the Statutory Auditors, M/s Mahendra N. Shah & Co. Pursuant to Regulation 30 and 33 of the SEBI (LODR) Regulations, we enclose herewith the following: a. Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter ended on June 30, 2026 along with the Limited Review Report issued by M/s Mahendra N. Shah & Co. 2. Intimation of Record Date for Declaration of Final Dividend. In continuation to the earlier filed intimation regarding declaration of the Final Dividend for the Financial Year 2025-26, it is informed that the Company has fixed, Friday, August 21, 2026 as the Record Date for the said purpose. The dividend, if declared by the shareholders at the ensuing Annual General Meeting, shall be payable to those Equity Shareholders whose name appears on the Register of Members of the Company or on records of National Securities Depositories Limited or Central Depositories Services (India) Limited as beneficial owners of the shares as on the said Record Date. The said Dividend if approved by the shareholders at the ensuing Annual General Meeting shall be paid within stipulated timelines as prescribed under law. 3. Alteration of Article of Association of the Company. The Board of Directors of the Company has approved the alteration in the Articles of Association of the Company by inserting a new enabling Article empowering the Company to issue, offer, allot and/or transfer equity shares or other eligible securities under one or more employee stock option or other share-based employee benefit schemes in accordance with the applicable provisions of the Companies Act, 2013 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, subject to the approval of the shareholders of the Company and other regulatory approvals as applicable. DEEPINDUSTRIES LIMITED Regd.Off.: 12A&14Abhishree Corporate Park,Ambli -BopalRoad,Ambli, Ahmedabad-380058 Tel:+91 9825600533, 99090 09898 Email:info@deepindustries.com IWebsite: www.deepindustries.com CIN L14292GJ2006PLC049371 DEEP Industries Limited Oil & Gas Field Services 4. Approval of Deep Employee Stock Option Scheme 2026 (“DIL ESOP 2026”/”SCHEME”). Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has approved the adoption of the Deep Employee Stock Option Scheme 2026 (“DIL ESOP 2026”/”SCHEME”) in accordance with the provisions of the Companies Act, 2013 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, subject to the approval of the shareholders of the Company and such other regulatory/statutory approvals as may be necessary. Requisite disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is as below: SN Disclosure Requirement Details 1. Brief details of options granted 15,00,000 (Fifteen Lakhs) employee stock options (“Options”) to be granted to the eligible employees as determined by the Nomination and Remuneration Committee (“Committee”). 2. Whether the scheme is in terms of Yes, Deep Employee Stock Option Scheme 2026 (“DIL SEBI (Share Based Employee Benefits ESOP 2026”/”SCHEME”), is in compliance with the and Sweat Equity) Regulations, 2021. SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. 3. Total number of shares covered by As stated at serial no. 1 above. these options 15,00,000 (Fifteen Lakhs) Options exercisable into not more than 15,00,000 (Fifteen Lakhs) equity shares of face value of ₹ 5/- (Rupee Five Only) each fully paid- u p. 4. Pricing formula Not Applicable as no grant being done at present. However, the Exercise Price per option shall be determined by NRC which shall be not less than the face value of the Share as on the Grant Date. 5. Options vested Not applicable at this stage. 6. Time within which option may be The Vested options under the Scheme shall be exercised exercised not earlier than minimum period of 1 (one) year and not later than maximum period of 5 (five) years from the date of vesting of such options. 7. Options exercised Not applicable at this stage. 8. Money realized by exercise of options Not applicable at this stage. 9. The total number of shares arising as Not applicable at this stage. a result of exercise of option 10. Options lapsed Not applicable at this stage. DEEPINDUSTRIES LIMITED Regd.Off.: 12A&14Abhishree Corporate Park,Ambli -BopalRoad,Ambli, Ahmedabad-380058 Tel:+91 9825600533, 99090 09898 Email:info@deepindustries.com IWebsite: www.deepindustries.com CIN L14292GJ2006PLC049371 DEEP Industries Limited Oil & Gas Field Services 11. Variation of terms of option Not applicable at this stage. 12. Brief details of significant terms The Options granted under the Scheme shall vest not earlier than minimum period of 1 (one) year and not later than maximum period of 5 (five) years from the date of Grant. The Scheme will be overseen by the Nomination and Remuneration Committee (NRC) of the Company, which will handle all related responsibilities, including any powers or duties delegated by the Board as per applicable law. The Shares arising out of Exercise of Vested Options shall not be subject to any lock-in period from the date of allotment of such Shares under Scheme. 13. Subsequent changes or cancellation Not applicable at this stage. or exercise of such options 14. Diluted earnings per share pursuant Not applicable at this stage. to issue of equity share on exercise of options. 5. Appointment of Mr. Rajeev Kumar Sinha as the Senior Management Personnel of the Company. On basis of recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company have approved appointment of Mr. Rajeev Kumar Sinha, Chief Operating Officer of the Company as Senior Management Personnel of the Company with effect from August 01, 2026, based on his roles and responsibilities. Requisite disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is as below: SN Disclosure Requirement Details 1. Reason for Change viz. appointment Appointment 2. Date of appointment as Senior August 01, 2026 Management Personnel 3. Brief Profile Mr. Rajeev Kumar Sinha has done his B.Tech- Petroleum Engineering from Indian Institute of Technology (ISM), Dhanbad. He has over 30 years of experience in the Oil and Gas Industry. He has extensive expertise in Project Management, Operations & Maintenance, Production Management, Asset Management and Business Strategy. His experience in leading large-scale projects and operational excellence will be asset to our DEEPINDUSTRIES LIMITED Regd.Off.: 12A&14Abhishree Corporate Park,Ambli -BopalRoad,Ambli, Ahmedabad-380058 Tel:+91 9825600533, 99090 09898 Email:info@deepindustries.com IWebsite: www.deepindustries.com CIN L14292GJ2006PLC049371 DEEP Industries Limited Oil & Gas Field Services o rganization. 4. Disclosure of relationships [Showing first 8,000 characters — download PDF for full document]