DEEP Industries Limited (DIL) is well diversified Oil & Gas Company with business interest in Air and Gas compression, Drilling, Work over Rigs and Oil & Gas Exploration and Production.

Deep Industries Limited is a pioneer in the service sector of oil and gas fields, mainly in Gas compression services. We also provide work-over, Drilling Rig and allied services.

The coming years bring tremendous challenges and offer immense opportunities. The Indian economy is on a fast growth track and would need the full support of the energy sector to meet burgeoning expectations. With the impending competition, the response time available will get drastically reduced. DIL needs to be equipped to move with speed and agility. Although the challenges are many, we believe that DIL is well placed to deliver value to all its stakeholders in this competitive environment.

DIL has, over the years, invested time and effort in building up a strong infrastructure and information system capabilities. With the dedicated team of people at all levels, I am confident that DIL will be able to continue to deliver outstanding results in the days to come. Your continued support would further strengthen our hands as we set out to scale new heights of performance.

DIL has striven to provide value to its customers and shareholders through every initiative that it has undertaken. Meeting customer expectations and ensuring their satisfaction at all times has been made possible by the untiring efforts of our minds at work. I would also like to assure all our customers that DIL will continue with its tradition of providing the best services.

I am thankful for the guidance and support provided by the Ministry of Petroleum & Natural Gas and the other Ministries of the Central and State Governments.

DIL employees have been a pillar of strength in all our endeavors. The Team DIL relentlessly strives to exceed the expectations of its customers and endeavours to create superior value for all its stakeholders through the use of the best standards of operations, technologies and safety, health and environmental practices. The excellent results achieved during the year can be attributed to the sterling efforts of the employees across the organization. I, along with my colleagues on the Board, would like to convey our thanks and appreciation for their commitment and zeal in achieving our corporate goals.

I also thank my colleagues on the Board, whose support and leadership has been invaluable, especially at a time when the organisation has had to deal with major challenges.

Above all, thanks are due to you, our shareowners, for your confidence and unflinching belief in our ability to deliver value. I would like to take this opportunity to reiterate our commitment to work towards meeting your high expectations on a sustained basis.

Thank you, ladies and gentlemen.