
Acquisitions8 April 2026 at 09:29 am
Promoter Pankaj Pruthu Desai Acquires 31.04% Voting Rights in Desco Infratech Limited Through Gift from Indiraben Pruthu Desai
AI Summary
Pankaj Pruthu Desai, a promoter of Desco Infratech Limited, has acquired 31.04% voting rights in the company through an off-market inter-se transfer by way of gift from Indiraben Pruthu Desai, another promoter and immediate relative. The transaction qualifies for exemption under Regulation 10(1)(a)(i) of the PIT Regulations. The detailed disclosure in the prescribed format as per SEBI SAST Regulations is enclosed in the document.
Key Highlights
- Pankaj Pruthu Desai acquires 31.04% voting rights in Desco Infratech Limited.
- Acquisition made through an off-market inter-se transfer by way of gift from Indiraben Pruthu Desai.
- Transaction qualifies for exemption under Regulation 10(1)(a)(i) of the PIT Regulations.
- Desco Infratech Limited is an ISO 9001 :2015 Co. with CIN No. L45201GJ2011.
- The transaction is an inter-se transfer between immediate relatives.
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