Desco Infratech Limited has strengthened its leadership team by appointing Mr. Arun Kumar Kalyanaraman as President Strategic Projects, designated as Senior Management Personnel (SMP), effective June 01, 2026. The Board of Directors approved the appointment at its meeting held on May 29, 2026, leveraging his extensive experience in the oil & gas and pipeline industry to drive large-scale infrastructure projects. Concurrently, the Board re-appointed M/s. Kanchan Agarwal & Associates as the Internal Auditor for the Financial Year 2026-27, following the recommendation of the Audit Committee.

Mr. Arun Kumar Kalyanaraman brings over 43 years of experience in managing EPC projects, cross-country pipelines, city gas distribution (CGD) networks, and oil & gas infrastructure. His career includes senior leadership roles such as General Manager, Resident Construction Manager, and Head – Projects with reputed organizations. He has successfully led the execution of over 1000 km of pipeline projects, including CGD networks, crude oil pipelines, and CNG stations across India and international assignments. His key achievements include delivering major projects for clients such as IOCL, GSPL, GAIL, BPCL, Gujarat Gas, Think Gas, and Shell Development Corporation.

M/s. Kanchan Agarwal & Associates has been re-appointed as the Internal Auditor for FY 2026-27. The firm is engaged in internal audit, risk assessment, internal controls, and compliance review services. The firm possesses relevant experience in conducting internal audits and is not related to any Director of the Company. The appointment was made on May 29, 2026, ensuring continuity in the company's governance framework.

The disclosures regarding these appointments were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Kalyanaraman is not related to any Director of the Company. The details of the appointments are enclosed as Annexure – A and Annexure – B to the regulatory filing.

Key Appointment Details

Internal Auditor Re-appointment

Desco Infratech Limited has secured purchase orders worth Rs 56.23 million from KP Energy Limited and GAIL Gas Limited. The orders are for supply, installation, and execution works relating to cable laying, HDPE pipes, OFC works, termination kits, and allied infrastructure. Additionally, the company received a hiring contract for laying underground MDPE pipelines and associated works for GAIL Gas Bengaluru CGD Projects. The projects will be executed as per the respective contract terms.

The intimation was submitted to BSE Limited on May 27, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure detailed the nature of the contracts and the entities involved, confirming that both orders were awarded by domestic entities.

Order Details

The company provided a breakdown of the orders in its regulatory filing. The total consideration for the orders is Rs 56,225,821.35 inclusive of GST.

The time period for execution of these orders is specified as per the contract. The significant terms and conditions of the orders are also outlined as per the respective contracts. The disclosure confirmed that the promoter, promoter group, or group companies do not have any interest in the entities that awarded the orders.