Desco Infratech Limited has submitted its quarterly compliance certificate to BSE Limited under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 08, 2026, by Company Secretary and Compliance Officer Ms. Muskan Khandal.

Regulatory Compliance Certificate Details

The certificate was issued by Bigshare Services Private Limited, the company's Registrar and Share Transfer Agent (RTA). The compliance document confirms that Regulation 74(5) is not applicable to Desco Infratech Limited due to the complete dematerialization of its shareholding structure.

Share Holding Structure Status

The certificate confirms that the entire holding of the company's shares remains in dematerialized form. Bigshare Services Private Limited, acting as the authorized signatory through Akash Shamal, confirmed that no requests were received from any members for rematerialisation or dematerialisation during the quarter ended March 31, 2026.

Company Information

Desco Infratech Limited, formerly known as Desco Infratech Pvt Ltd, operates as an ISO 9001:2015 certified company with CIN number L45201GJ2011PLC063710. The company is headquartered in Surat, Gujarat, and trades on BSE Limited under scrip code 544387.

Regulatory Framework

The submission follows SEBI circulars including NSDL/CIR/II/5/2019 dated January 25, 2019, and DSL/OPS/RTA/POLICY/2019/14 dated January 25, 2019. The regulatory framework ensures proper monitoring and compliance of depositories and participants in the securities market ecosystem.

Desco infratech Limited has successfully incorporated its wholly owned subsidiary in the United Arab Emirates, marking a significant milestone in the company's international expansion strategy. The subsidiary, DESCO GLOBAL FZ LLC, was officially incorporated on March 25, 2026, in the Ras Al Khaimah Economic Zone (RAKEZ).

Subsidiary Incorporation Details

The Certificate of Incorporation was issued by the Ras Al Khaimah Economic Zone Authority, Government of Ras Al Khaimah on March 25, 2026. This incorporation follows the Board of Directors' approval granted on January 17, 2026, demonstrating the company's commitment to expanding its global footprint.

Financial Structure and Investment

Desco Infratech Limited acquired 100% shareholding in the subsidiary through cash consideration. The company subscribed to 10 shares at a face value of AED 1,000 each, aggregating to a total investment of AED 10,000. This structure ensures complete control over the subsidiary's operations and strategic direction.

Business Scope and Objectives

The newly incorporated subsidiary operates in the Project Management Consultancy industry and is authorized to carry out consultancy and other lawful business activities as permitted under the license issued by the Ras Al Khaimah Economic Zone Authority. The primary objectives of this acquisition include:

• Expanding the company's international business presence
• Exploring business opportunities in overseas markets
• Establishing a strategic foothold in the UAE market
• Leveraging the favorable business environment of RAKEZ

Regulatory Compliance

The incorporation has been completed in compliance with all applicable laws, regulations, and licensing requirements of RAKEZ. The company has obtained necessary approvals from the Ras Al Khaimah Economic Zone Authority and other applicable regulatory authorities in the United Arab Emirates. As a wholly owned subsidiary, DESCO GLOBAL FZ LLC is classified as a related party under regulatory frameworks.

Strategic Significance

This incorporation represents Desco Infratech Limited's strategic initiative to diversify its geographical presence and tap into the growing opportunities in the Middle East region. The subsidiary is yet to commence business operations, providing the company with flexibility to develop its market entry strategy and operational framework in the UAE market.