deep health ai has appointed Bhupesh Swami as an Additional Non-Executive Independent Director on its board, effective July 02, 2026. The appointment was approved by the Board of Directors through a circular resolution on the same day. Swami will serve a two-year term, ending on July 01, 2028.

The disclosure was made to BSE Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Swami is not related to any other directors on the board.

Swami holds a Master India Boards (MIB) specialization in Export-Import, which he completed in 2016 from CMS, Udaipur. The appointment is part of the company's board governance structure.

Appointment Details

Deep Health AI India Ltd has acquired a 6.37% stake in Leapfrog Engineering Services Ltd for a total consideration of ₹19.92 crore. The acquisition was completed on June 24, 2026, through the purchase of 9,030,000 equity shares at a price of ₹22.06 each, including a premium of ₹21.06 per share. The transaction was disclosed to BSE Limited on June 25, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The acquisition does not constitute a related party transaction, and the promoter or promoter group of Deep Health AI India Ltd holds no interest in the target entity. The company stated that the investment was made for routine investment purposes. No governmental or regulatory approvals were required for the completion of this transaction.

Leapfrog Engineering Services Ltd operates in the industrials, engineering, and construction sector. The company specializes in engineering, procurement, construction, and commissioning (EPCC) services, with a focus on electrical, instrumentation, fire safety, modular substation, and automation systems. Its client base spans industries such as oil and gas, food processing, pharma, and metals.

Financials of Leapfrog Engineering Services Ltd

The target entity reported a turnover of ₹13,466.24 lakh for the financial year ended March 31, 2025. Leapfrog Engineering Services Ltd was incorporated on May 9, 2005, and maintains its presence in India.

Transaction Details

The acquisition exceeded the materiality threshold of Deep Health AI India Ltd, triggering the mandatory disclosure. The shares were acquired via cash consideration. The target company has over 20 years of experience in the sector, with capabilities in executing large-scale projects including refineries, petrochemical plants, and facilities for metals and chemicals.