Desco Infratech Limited has disclosed that its promoter made an additional equity share acquisition through open market transactions, as per the latest regulatory filing submitted to BSE on March 11, 2026. The transaction was disclosed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Latest Share Acquisition Details

Pankaj Pruthu Desai, Chairman & Managing Director and categorized as Promoter & Designated Person, purchased an additional 2,000 equity shares through BSE on March 10, 2026. This follows his earlier acquisition of 13,000 shares in early March.

Cumulative Shareholding Position

Following the latest acquisition, the promoter's total shareholding has increased to 15,000 equity shares, representing 0.20% of the company's equity capital. The cumulative investment across both transactions amounts to ₹24,25,310.

Regulatory Compliance and Documentation

The company submitted the mandatory disclosure through its Company Secretary & Compliance Officer, Muskan Khandal, ensuring compliance with insider trading regulations. The filing included comprehensive Form C documentation with complete promoter details and was digitally signed on March 11, 2026.

Transaction Background

The promoter's investment strategy demonstrates continued confidence in the company's prospects. Starting from zero shareholding, Pankaj Pruthu Desai has systematically built his equity position through open market purchases. The promoter's address is listed as 39, Amrapali Bunglows, Near Gayatri Mandir, U M Road, Surat-395017.

Derivative Trading Disclosure

The Form C disclosure confirmed that no derivative trading activities were undertaken by the promoter during this period. The futures and options section was marked as "NIL," indicating all transactions were limited to equity shares only. The regulatory filing was completed with proper digital signatures and submitted from Surat, maintaining full compliance with SEBI's insider trading prevention framework.

Desco Infratech Limited has secured a significant infrastructure contract worth Rs 2,94,75,864.28 from Aavantika Gas Limited, as announced through a regulatory filing on March 09, 2026. The Letter of Intent (LOI) pertains to MDPE laying and last mile connectivity works at Indore GA, marking another milestone in the company's gas infrastructure portfolio.

Contract Details

The comprehensive contract encompasses specialized pipeline infrastructure work in the domestic market. The following table outlines the key parameters of this significant order:

Regulatory Compliance and Corporate Governance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement confirms that this contract does not involve any related party transactions, ensuring arm's length dealing principles.

Key governance aspects include:

• No promoter or promoter group interest in the awarding entity
• Contract terms and conditions as per standard commercial agreements
• Full compliance with regulatory disclosure requirements

Strategic Significance

This contract reinforces Desco Infratech's position in the gas infrastructure sector, particularly in MDPE (Medium Density Polyethylene) pipeline laying and connectivity solutions. The Indore GA project represents the company's continued engagement in critical energy infrastructure development across domestic markets.

The announcement was signed by Mr. Malhar Pankaj Desai, Whole-time Director (DIN: 07293599), emphasizing the senior management's direct involvement in major contract communications. The contract value of nearly Rs 3 crores demonstrates the company's capability to secure substantial infrastructure projects in the competitive gas distribution sector.