Desco Infratech Ltd — Important, 19-11-2025: Company Update

DESCO Infratech has issued a notice for a postal ballot and remote e-voting, advertised in The Financial Express. This ballot seeks shareholder approval for the e-auction of various secured assets to recover significant outstanding dues from multiple borrowers and guarantors. The outstanding amounts for these assets range from approximately 0.05 Cr to 0.29 Cr, with corresponding reserve prices. Additionally, the company is facilitating the e-auction of assets to recover approximately 0.28 Cr in outstanding dues from an IndusInd Bank borrower. This process is crucial for debt recovery and strengthening the company's financial position.