Civil Construction
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