Deep Health AI Acquires 6.37% Stake in Engineering Firm Leapfrog Engineering Services Ltd
Deep Health AI India Ltd has completed the acquisition of a stake in Leapfrog Engineering Services Ltd., bolstering its investments in the industrial and engineering sector. The company acquired 06.37% of the paid-up equity share capital of Leapfrog, paying consideration entirely in cash.The transaction was finalized on June 24, 2026. Deep Health AI invested a total of INR 19,92,01,800/- to acquire 90,30,000 equity shares of Leapfrog Engineering Services Ltd. This acquisition was noted as a Routine Investment Purpose for the company.
Leapfrog Engineering Services Ltd. (LESL) is an integrated engineering services company that specializes in Engineering, Procurement, Construction, and Commissioning (EPCC). Its specialized focus includes electrical systems, instrumentation, fire safety, modular substations, and automation systems. LESL provides EPCC services across various industries, including Oil and Gas, Food processing, Pharma, and Metals.
The profile of Leapfrog Engineering Services Ltd., established on May 9, 2005, highlights its extensive experience in developing large scale projects such as refineries, early production facilities, gas sweetening units, petrochemical plants, pharma, food processing, metals, chemicals, and fertilizers. The company operates within the Industrials/Engineering & Construction sector and maintains a presence in India.
Key operational details of Leapfrog Engineering Services Ltd. are summarized below:
| Metric | Details |
|---|---|
| Date of Incorporation | May 9, 2005 |
| Industry Focus | Industrials / Engineering & Construction (EPCC) |
| Turnover (FY 2022-2023) | 10,417.86 Lakhs |
| Turnover (FY 2023-2024) | 15,785.42 Lakhs |
| Turnover (FY 2024-2025) | 13,466.24 Lakhs |
| Market Presence | India |
Stock Price Movement
Deep Health AI India Ltd shares finished the day down, settling at ₹2.15 following a 2.27% decline on Thursday. The stock traded within an intraday range, hitting a high of ₹2.21 but pulling back significantly to a low of ₹2.14.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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