Desco Infratech Ltd — Important, 08-04-2026: Company Update

Desco Infratech Limited announced that Promoter Mr. Pankaj Pruthu Desai acquired 23,82,354 equity shares, representing 31.04% voting rights, from fellow Promoter Indiraben Pruthu Desai. This off-market transfer was executed as a gift between immediate relatives. Post-transaction, Mr. Pankaj Pruthu Desai's stake in the company increased to 31.24%, while Indiraben Pruthu Desai's holding became nil. This internal reshuffling within the promoter group affects individual promoter holdings but does not alter the overall promoter stake in the company, clarifying ownership within the family.