Desco Infratech Ltd — Important, 20-01-2026: Company Update
20-01-2026 | 03:24 pm
20-01-2026 | 03:24 pm
The company is seeking shareholder approval via a postal ballot for several key initiatives. These include altering the company's Memorandum of Association, re-appointing an Independent Director, and increasing borrowing limits from INR 500 Cr to INR 750 Cr. Additionally, shareholders will vote on a proposal to issue new equity shares on a preferential basis to promoters and non-promoters, aiming to raise up to INR 100 Cr. This move could strengthen the company's financial flexibility and fund future growth.
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