Desco Infratech Rectifies Board Agenda Typo, Approves ₹30 Cr Loan Limit

Desco Infratech Ltd has submitted a revised outcome of its Board Meeting held on September 5, 2026, to correct a typographical error in the Board Meeting Agenda. The original agenda mistakenly mentioned an amount of ₹50 Crores for loans, guarantees, or securities, which has now been corrected to ₹30 Crores. The company clarified that this revision does not alter the substance of the board's decision. The meeting also approved the Director's Report, Annual Report for FY26, appointed a scrutinizer for the 15th AGM, fixed book closure dates, recommended re-appointment of a Managing Director, and approved the regularization of an Independent Director. Additionally, the board approved increasing borrowing powers to ₹150 Crores and the authority to dispose of undertakings up to ₹150 Crores, both subject to shareholder approval.