Deep Industries will hold its 20th Annual General Meeting (AGM) on Tuesday, September 1, 2026, at 11:00 a.m. IST via Video Conferencing or Other Audio-Visual Means to seek shareholder approval for a final dividend of ₹2.50 per share, the introduction of the Deep Industries Limited Employee Stock Option Scheme 2026, and related party transactions (RPTs) estimated at up to ₹670 crore. The meeting is critical for finalizing the company’s FY26 dividend payout, implementing its new talent retention strategy through ESOPs, and securing long-term intra-group financial arrangements essential for operational expansion.

The notice for the AGM was issued pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Register of Members and Share Transfer Books will remain closed from Wednesday, August 26, 2026, to Tuesday, September 1, 2026, inclusive, as per Regulation 42 of the SEBI Listing Regulations. The cut-off date to determine voting entitlements has been fixed as Tuesday, August 25, 2026, under Regulation 44. Remote e-voting will be facilitated by MUFG Intime India Private Limited.

AGM Schedule and E-Voting Details

Shareholders can cast their votes electronically between August 28 and August 31, 2026. The results will be declared by the Chairman within two working days of the AGM's conclusion.

Key Resolutions and Financial Approvals

The Board of Directors, led by Whole-time Director & CFO Rohan Vasantkumar Shah, has recommended several key resolutions:

• Final Dividend: Approval of a ₹2.50 per equity share final dividend for FY26, representing a 50% payout on the ₹5 face value. This results in an estimated cash outflow of ₹1,600 Lakhs.
• ESOP Scheme: A special resolution to approve the DIL ESOP Scheme 2026, allowing grants of up to 15,00,000 options. Vesting occurs over four years, subject to performance criteria including revenue, EBITDA, and free cash flow.
• Related Party Transactions: Approval for RPTs with subsidiaries Dolphin Offshore Enterprises (India) Limited (DOEIL) and Beluga International (IFSC) Private Limited, valued at up to ₹120 crore and ₹350 crore respectively. Additional transactions with Deep Exploration Services Private Limited (DESPL), RAAS Equipment Private Limited, and Deep Methane Private Limited are estimated up to ₹100 crore and ₹180 crore respectively.
• Director Re-appointment: Re-appointment of Rohan Vasantkumar Shah, who retires by rotation.
• Executive Remuneration: Approval of remuneration for Shail Manoj Savla as President, effective October 1, 2026, including a salary of up to ₹6 lakh per month.

FY26 Financial Performance Context

The approvals come against a backdrop of strong financial recovery in FY26. Consolidated revenue from operations rose to ₹89,071.39 Lakhs from ₹57,613.01 Lakhs in FY25, while consolidated net profit turned positive at ₹19,705.99 Lakhs compared to a loss of ₹7,876.18 Lakhs previously. Standalone revenue increased to ₹70,296.17 Lakhs, with net profit improving to ₹9,748.19 Lakhs from a loss of ₹11,543.32 Lakhs.

Strategic Developments

During FY26, Deep Industries merged Kandla Energy & Chemicals Limited into the parent company effective March 30, 2026, following NCLT sanction. The company also acquired a 70% stake in Deep Natural Resources Limited on December 2, 2025, and incorporated Beluga International (IFSC) Private Limited in GIFT City for ship leasing business. Additionally, the company secured a ₹1,402 crore, 15-year Production Enhancement Contract from ONGC.

Deep Industries has scheduled a physical site visit for analysts and investors on August 7, 2026, marking a direct engagement opportunity with market participants. The company issued an intimation under Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, to ensure transparency regarding the interaction. This proactive disclosure allows investors to assess operational facilities firsthand while maintaining strict compliance with insider trading regulations.

The meeting is structured as a one-on-one session, providing focused access for the visiting analysts. Rohan Vasantkumar Shah, Whole-time Director and Chief Financial Officer, signed the intimation submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Limited. The notice emphasizes that the schedule is subject to change due to exigencies on the part of the analysts, investors, or the company.

Crucially, the filing explicitly states that no unpublished price-sensitive information pertaining to Deep Industries is intended to be shared during the visit. This assurance aligns with regulatory requirements to prevent selective disclosure and maintain a level playing field for all shareholders. The company has also uploaded the intimation to its official website at www.deepindustries.com for broader accessibility.

What the Numbers Show

While this announcement does not contain financial metrics, the decision to host a physical, one-on-one site visit suggests a strategic effort to reinforce investor confidence through operational transparency. By limiting the scope to non-price-sensitive information, Deep Industries balances the need for investor engagement with strict adherence to SEBI Listing Regulations. The involvement of the CFO in authorizing the disclosure underscores the senior management’s commitment to regulatory compliance.