Desco Infratech Limited has disclosed that its promoter acquired additional equity shares through open market transactions, as per regulatory filing submitted to BSE on March 4, 2026. The transaction was disclosed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Promoter Share Acquisition Details

Pankaj Pruthu Desai, Chairman & Managing Director and categorized as Promoter & Designated Person, purchased 13,000 equity shares through BSE during March 2-4, 2026.

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.

Transaction Background

Prior to this acquisition, the promoter held no equity shares in the company. The open market purchase represents a fresh investment, establishing the promoter's direct shareholding at 0.16% of the company's equity capital. 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 the transaction was 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 announced the successful acquisition of a controlling stake in Shri Green Agro Energies Private Limited (SGAEPL) through a rights issue subscription. The transaction, completed on February 25, 2026, represents a strategic move into the renewable energy sector for the infrastructure company.

Acquisition Details

The company acquired 2,00,000 equity shares of Rs. 10/- each in SGAEPL through cash consideration via rights issue subscription. The Board of Directors approved this acquisition at their meeting held on February 2, 2026, following an earlier intimation dated January 9, 2026.

Target Company Profile

Shri Green Agro Energies Private Limited, incorporated in 2022 with CIN U40106UP2022PTC174329, operates in the agro-energy and renewable energy sector. The company specializes in Compressed Biogas (CBG) project development and operations.

Strategic Objectives

The acquisition serves multiple strategic purposes for Desco Infratech:

• Establishing 75% ownership control in SGAEPL
• Acting as strategic investor in CBG project development
• Leading construction, financing, operation, and maintenance activities
• Expanding presence in renewable energy and green fuel sectors
• Diversifying into sustainable infrastructure projects

The remaining 25% shareholding will continue to be held by the existing promoters of SGAEPL, ensuring continuity in operations and local expertise.

Transaction Structure

The acquisition was executed through cash consideration via banking channels, with shares subscribed at face value. The transaction does not constitute a related party transaction, as confirmed by the company's disclosure that promoters and promoter groups have no interest in the target entity.

Regulatory Compliance

The acquisition required no governmental or regulatory approvals and was conducted in the ordinary course of business. The transaction does not fall under any scheme of arrangement and aligns with the company's strategic business objectives. The acquisition will be completed upon filing of Form PAS-3 with relevant authorities.

Consequent to this allotment, SGAEPL has become a subsidiary of Desco Infratech Limited within the meaning of the Companies Act, 2013 and SEBI LODR Regulations, marking the company's entry into the renewable energy sector.