Deep Industries Limited informed that Board of Directors at its meeting held approved the appointment of Mr. Ashokkumar Ratilal Patel (DIN:09451821) as an Additional Director designated as Non-Executive Independent Director for a term of 5 years with effect from 1st August 2023 subject to approval of shareholders at the upcoming Annual General Meeting. Further this is to inform that Mr. Ashokkumar Ratilal Patel is not debarred from holding the Office of Director by Virtue of any order of the Securities and Exchange Board of India (SEBI) or any other authority. Mr. Ashokkumar Ratilal Patel aged 65 years is a professionally qualified Chartered Accountant from the Institute of Chartered Accountants of India.

Currently he is holding Certificate of Practice since 2019. He is also a professionally qualified Cost Accountant from the Institute of Cost Accountants of India. He is a retired Executive Director of Oil and Natural Gas Corporation Ltd. (ONGC), A Maharatna Company having a vast experience of 28 years in handling various assignments such as Financial Accounting, Auditing, Cost Accounting, Budgeting, SAP, Project Evaluation, Taxation and Statutory Compliances at ONGC.

Date of Appointment: August 01, 2023.