Desco Infratech has accepted the resignation of Muskan Khandal from the office of Company Secretary and Compliance Officer, effective August 7, 2026. The Board of Directors also approved the appointment of CS Tripti Gaggar to succeed her in the same roles with immediate effect. Khandal cited personal reasons and a desire to pursue better career opportunities outside the company for her departure. Consequently, she also ceases to be a member of the Internal Complaints Committee (ICC). This change in key managerial personnel ensures continuity in statutory compliance and corporate governance functions.

The Board meeting was held on Friday, August 7, 2026, at the company’s registered office. The proceedings were conducted pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment of CS Tripti Gaggar was made based on the recommendation of the Nomination and Remuneration Committee. It aligns with Section 203 of the Companies Act, 2013, and Regulation 6 of the SEBI LODR Regulations. The company disclosed these changes under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Managerial Personnel Changes

The following table details the transition of the Company Secretary and Compliance Officer role:

Muskan Khandal submitted her resignation letter on August 7, 2026. She requested the Board to ensure all necessary statutory and regulatory compliances, including filings with the Registrar of Companies (ROC) and disclosures to SEBI and stock exchanges, are completed within prescribed timelines. She offered full cooperation for a smooth transition of responsibilities, records, and pending compliance matters.

Profile of New Appointment

CS Tripti Gaggar is a Law Graduate and an Associate member of the Institute of Company Secretaries of India, holding Membership Number 79044. Her appointment ensures that Desco Infratech maintains its compliance infrastructure without interruption. The Board confirmed there are no disclosure relationships between directors regarding this appointment, as per regulatory requirements. The meeting commenced at 5:03 P.M. and concluded at 5:35 P.M., with Malhar Pankaj Desai, Whole-Time Director, signing off on the disclosure.

Desco Infratech Limited has secured an Electrical Contractor's Licence from the Government of Gujarat, Energy & Petrochemicals Department. The authorization, valid for five years from the date of issuance, permits the company to undertake and execute electrical installation works throughout the state. This regulatory approval is expected to strengthen the firm's operational capabilities within the electrical infrastructure segment.

The licence enables Desco Infratech to participate in and execute electrical installation projects in Gujarat, subject to the terms and conditions specified under applicable laws and regulations. The company disclosed that the grant of this licence will enhance its business opportunities in the electrical contracting and power infrastructure sector. However, the monetary impact of this development cannot be quantified at this stage.

Key Details of the Licence

The following table outlines the key parameters of the licence granted to the company:

The company submitted the intimation to BSE Limited on July 16, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Muskan Khandal, Company Secretary & Compliance Officer, signed the disclosure.