Desco Infratech Limited has successfully obtained shareholder approval for significant amendments to its Memorandum of Association, marking a strategic expansion of its business operations. The company informed BSE Limited on February 21, 2026, about the completion of the postal ballot process that concluded on February 19, 2026.

Postal Ballot Approval Process

The shareholders approved the alteration of the Main Object Clause through remote e-voting, with February 19, 2026, serving as the last date for voting. The approval was confirmed through a Scrutinizer's Report dated February 20, 2026. The company disclosed this information in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

New Business Verticals Added

The approved amendments introduce six new sub-clauses (9-14) to the Main Objects, significantly diversifying the company's business scope:

Renewable Energy Focus

The most significant addition involves the company's entry into renewable energy sector. The new provisions allow Desco Infratech to establish and operate biogas plants, CBG facilities, bio-digesters, and related infrastructure. This includes the entire value chain from production to distribution of alternative energy fuels.

Service Sector Expansion

The amendments also enable the company to provide comprehensive manpower solutions across industrial, infrastructure, energy, and commercial sectors. This includes:

• Permanent and temporary staffing solutions
• Technical personnel deployment
• Payroll management services
• Facility management support

Additionally, the company can now engage in vehicle and machinery leasing operations, covering everything from passenger vehicles to specialized industrial equipment.

Regulatory Compliance

The disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary and Compliance Officer Muskan Khandal signed the regulatory filing, confirming the company's commitment to maintaining transparency with stakeholders.

These strategic amendments position Desco Infratech for diversified growth across multiple high-potential sectors, particularly in the renewable energy space, which aligns with India's sustainability goals.

Desco Infratech Limited has officially announced securing purchase orders worth Rs. 40.43 crores from Sun Drops Energia Limited and KP Energy Limited through a formal press release issued under Regulation 30 of SEBI (LODR) Regulations, 2015. The announcement was made to BSE Limited, marking a significant milestone in the company's strategic expansion into power and solar infrastructure segments.

Official Regulatory Disclosure

The company filed the disclosure with BSE Limited under Scrip ID/Code: Desco/544387, with the press release signed by Mr. Malhar Pankaj Desai, Whole-time Director (DIN: 07293599). The formal communication emphasizes the company's commitment to regulatory compliance and transparent stakeholder communication.

Order Breakdown and Project Details

The secured orders comprise two distinct infrastructure projects:

Strategic Business Evolution

According to the official press release, Desco Infratech has built its foundation in India's City Gas Distribution (CGD) sector over the years, delivering underground steel pipelines, MDPE networks, and last-mile connectivity projects across multiple states. The company has developed technical capabilities and established a culture of disciplined execution and on-ground problem-solving through these projects.

The expansion into power and renewable energy infrastructure represents a natural progression, applying existing strengths to adjacent energy segments. The company leverages its structured systems, trained workforce, and strong focus on safety and quality to broaden its contribution across the evolving energy ecosystem.

Management Perspective

The Managing Director stated in the press release: "Our journey began with building strong capabilities in underground utility infrastructure through City Gas Distribution projects. These new orders represent an important milestone as we extend our expertise into solar and power infrastructure. We believe growth should be capability-led and sustainable. By strengthening what we do well and applying it to complementary sectors, we are steadily evolving into a diversified energy infrastructure company."

Multi-Vertical Infrastructure Company

With ongoing participation across CGD, power, and solar infrastructure projects, Desco Infratech Limited continues to expand its multi-vertical presence while maintaining focus on execution excellence and long-term value creation. The company positions itself as an integrated engineering and infrastructure company providing end-to-end solutions including design, engineering, procurement, construction, and commissioning (EPC) services.

The company's expansion strategy reflects a capability-driven approach, utilizing execution discipline, safety standards, and multi-location deployment expertise developed in the CGD sector for complex power and renewable energy projects across diverse geographies.