
Transfer of Shares8 April 2026 at 12:01 pm
Promoter Indiraben Pruthubhai Desai Transfers Shares to Son Pankaj Pruthu Desai via Gift
AI Summary
Indiraben Pruthubhai Desai, a promoter of Desco Infratech Limited, has transferred 23,82,354 equity shares worth Rs. 7,67,60,080 to her son Pankaj Pruthu Desai through an off-market inter-se transfer by way of gift. The shares represent 31.04% of the company's total diluted share capital. The transfer was completed on 26th March 2026, with the corresponding credit received on 7th April 2026 due to procedural/technical delay.
Key Highlights
- Indiraben Pruthubhai Desai transfers shares to her son Pankaj Pruthu Desai
- Transfer of 23,82,354 equity shares worth Rs. 7,67,60,080
- Transfer represents 31.04% of the company's total diluted share capital
- Transfer completed on 26th March 2026
- Corresponding credit received on 7th April 2026
DESCOCivil Construction
Desco Infratech LtdPrice Impact