Desco Infratech Limited has disclosed receiving a regulatory fine from BSE Limited for compliance-related delays during the quarter ended September 2025. The company received the notice on November 20, 2025, and has since rectified the non-compliance while paying the prescribed penalty.

Regulatory Fine Details

BSE Limited imposed a fine on the company for alleged non-compliance under Regulation 13(3) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The penalty was specifically related to the late submission of the Statement of Investor Complaints for the quarter ended September 2025.

Company Response and Rectification

Desco Infratech has characterized the delay as inadvertent and unintentional in nature. The company promptly paid the fine within the stipulated timeframe and completed all necessary compliance requirements. The fine amount was remitted to the designated Virtual Bank Account of BSE Limited as per the exchange's instructions.

The company clarified that the compliance delay has been fully rectified and confirmed there is no material impact on the company's financial, operational, or other business activities beyond the monetary penalty paid.

Board Review and Future Measures

In compliance with exchange directions, the matter was presented before the Board of Directors at their meeting held on December 16, 2025. The Board took note of the compliance issue and provided specific guidance to management regarding future preventive measures.

Key board recommendations include:

• Strengthening internal compliance monitoring systems
• Ensuring timely compliance with all statutory and regulatory requirements
• Implementing measures to avoid recurrence of such instances

Regulatory Framework

The fine was levied under the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which prescribes penal actions for non-compliance with SEBI LODR Regulations. Under Regulation 13(3), companies are required to submit statements on shareholder complaints within prescribed periods, with penalties of ₹1,000.00 per day until compliance is achieved.

The company has made this disclosure in compliance with Regulation 30 of the SEBI LODR Regulations, 2015, ensuring transparency with stakeholders regarding regulatory matters and their resolution.

Desco Infratech Limited , a player in the city gas distribution segment, has announced a significant development in its business operations. The company has secured a new purchase order worth Rs. 9.38 crore from Gujarat Gas Limited (GGL), further solidifying its position in the industry.

Order Details

Project Specifics

The order encompasses two main components:

1. PNG Installations:

   • Cluster 3C-Utran, Mota Varachha City Area, and Velenja Surrounding Area of Surat GA

2. Operations & Maintenance Activities:

   • PE-PNG Operations & Maintenance (O&M) Activity at Sarigam Surrounding area Cluster in Valsad GA

Impact on Business

This new order is expected to have a positive impact on Desco Infratech's business:

1. Strengthened Market Position: The order reinforces the company's standing in the city gas distribution segment.
2. Robust Order Book: With this addition, Desco Infratech maintains a strong order book exceeding Rs. 370 crores.
3. Growth Momentum: The continued inflow of orders indicates strong business visibility and growth potential for the company.

Company Outlook

The securing of this order from Gujarat Gas Limited demonstrates Desco Infratech's capability to win and execute projects in the city gas distribution sector. The robust order book of over Rs. 370 crores suggests a positive outlook for the company's near-term business operations and potential revenue growth.

Investors and market observers may view this development as an indicator of the company's operational strength and its ability to compete effectively in the market. However, it's important to note that future performance will depend on various factors, including successful project execution and overall market conditions in the gas distribution sector.

As always, investors are advised to conduct their own research and consider multiple factors before making investment decisions.