Desco Infratech Limited has paid a regulatory fine of ₹5,900.00 to BSE Limited for non-compliance with related party transaction disclosure requirements. The fine was imposed for late submission of mandatory disclosures under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Non-Compliance Details

The company received a notice from BSE Limited on December 16, 2025, regarding the alleged non-compliance for the half-year ended September 2025. The violation pertained to the delay in submitting related party transactions in the specified format within the prescribed timeline as required under SEBI regulations.

Company Response and Board Action

Desco Infratech has paid the fine within the stipulated timeframe and rectified the non-compliance. The company clarified that the non-compliance was procedural in nature and occurred due to inadvertent delay and technical and administrative constraints in collating and uploading the required information within the prescribed timeline, without any mala fide intention.

The Board of Directors addressed the matter in their meeting held on January 17, 2026. The Board took note of the incident and provided specific guidance to management regarding compliance improvements.

Impact Assessment and Future Measures

The financial impact on the company is limited to the fine amount of ₹5,900.00, with no material impact on the company's financials, operations, or other activities. The company has confirmed that the compliance has been duly completed and the fine has been remitted to BSE's designated Virtual Bank Account.

The Board has advised management to strengthen internal compliance monitoring systems to ensure timely compliance with all applicable statutory and regulatory requirements and to avoid recurrence of such instances in the future. This disclosure has been made in compliance with applicable provisions of the SEBI LODR Regulations, 2015.

Desco Infratech Limited has secured substantial new business with orders worth ₹5.37 crores from three prominent energy sector companies. The company announced the receipt of these orders through a regulatory filing under SEBI Regulation 30 on January 06, 2026.

Order Details and Client Portfolio

The orders have been awarded by three major players in India's energy sector: Adani Total Gas Limited (ATGL), Bharat Petroleum Corporation Limited (BPCL), and Maharashtra Natural Gas Limited (MNGL). All three entities are domestic companies, reinforcing Desco Infratech's strong position in the Indian energy infrastructure market.

Scope of Work and Geographic Coverage

The orders encompass diverse PNG (Piped Natural Gas) infrastructure and operational services across multiple states. The scope includes PE PNG works in Faridabad and Palwal for ATGL, comprehensive operations and maintenance services for BPCL's PNG network in Hanumangarh District of Rajasthan State, and support services for PNG operations and maintenance of PNG connections in PCMC areas including Wakad and Talegaon for MNGL's CGD network in Pune.

Contract Structure and Compliance

The company has confirmed that the contracts will be executed as per the terms specified in each agreement. The orders do not constitute related party transactions, and the promoter group has no interest in any of the awarding entities. This ensures arm's length transactions and maintains corporate governance standards.

Strategic Significance

These orders represent Desco Infratech's continued expansion in the natural gas infrastructure sector, working with leading energy companies across different geographical regions. The diverse nature of services - from infrastructure development to operations and maintenance - demonstrates the company's comprehensive capabilities in the CGD (City Gas Distribution) sector.

The announcement was signed by Mr. Malhar Pankaj Desai, Whole-time Director, confirming the company's commitment to transparent disclosure practices under SEBI regulations.