Desco Infratech Ltd

Desco Infratech Limited has announced the receipt of purchase or service orders totaling ₹21,424,092 (approximately ₹21.42 million) from three prominent entities: KP Energy Limited, Adani Total Gas Limited, and Maharashtra Natural Gas Limited. These orders are for various supply and installation works, including HDPE pipe supply, cable laying, OFC cable laying, and associated electrical/underground works for solar projects, as well as MDPE pipeline and last-mile connectivity works for CGD networks. The orders are from domestic entities and are to be executed as per contract terms. The company confirmed that its promoters have no interest in the awarding entities.

Desco Infratech Limited has been declared the Lowest Bidder (L1) for a tender floated by Indian Oil Corporation Limited. The contract involves Last Mile Connectivity (LMC) and Direct Marketing Agency (DMA) works for a City Gas Distribution project in Vizag, Andhra Pradesh. The scope includes laying, testing, and commissioning of underground and above-ground pipelines, as well as direct marketing services for PNG connections to domestic, industrial, and commercial consumers. Further details will be provided upon receipt of the Letter of Intent (LOI) or Letter of Award (LOA).

Desco Infratech Limited has successfully completed and commissioned a significant project for Adani Total Gas Limited (ATGL) in Faridabad, Haryana. The project involved laying over 100 kilometers of Medium Density Polyethylene (MDPE) pipeline network and installing more than 6,500 Domestic Piped Natural Gas (PNG) connections. This achievement underscores Desco's capabilities in executing critical infrastructure projects within the City Gas Distribution (CGD) sector, contributing to India's natural gas distribution network expansion and the government's clean energy goals. The company highlighted its operational resilience and project management skills, especially amidst volatile global energy markets.

Desco Infratech Limited has been granted an Electrical Contractor's Licence by the Government of Gujarat, Energy & Petrochemicals Dept. This licence, valid for five years, authorizes the company to undertake and execute electrical installation works within the State of Gujarat. The approval is expected to strengthen Desco Infratech's operational capabilities in the electrical infrastructure segment and enable participation in new projects in the region. While the monetary impact is not quantifiable at this stage, the licence is crucial for expanding the company's business opportunities in electrical contracting and power infrastructure.

Desco Infratech Ltd announced changes in its board composition following a meeting held on July 1, 2026. Mr. Yash Gurnani resigned as Non-Executive Independent Director due to personal and professional commitments, effective July 1, 2026. Concurrently, Mr. Shailesh K. Naik was appointed as an Additional Non-Executive Independent Director for a term of five years, subject to shareholder approval. Following these changes, the Board also reconstituted its Nomination and Remuneration Committee and the Stakeholders' Relationship Committee.

Desco Infratech Ltd announced changes in its board composition following a meeting on July 1, 2026. Mr. Yash Gurnani resigned as Non-Executive Independent Director due to personal and professional commitments, effective end of business hours on July 1, 2026. Consequently, he also stepped down from the Nomination and Remuneration Committee and as Chairman of the Stakeholders Relationship Committee. The Board approved the appointment of Mr. Shailesh K. Naik as an Additional Director (Non-Executive, Independent Director) for a five-year term, subject to shareholder approval. The board committees were reconstituted following these changes.

Desco Infratech Limited has announced the receipt of a significant purchase order from Adani Total Gas Limited (ATGL) valued at ₹67,420,149.60. The order pertains to the scope of work for MDPE Pipeline Laying and LMC Activities for domestic, commercial, and industrial connections in Faridabad. The contract is awarded by a domestic entity, and its terms and execution period are as per the contract. Desco Infratech Limited confirmed that its promoters or group companies do not have any interest in ATGL, and the transaction does not fall under related party transactions.

Desco Infratech Limited announced that its subsidiary, Shri Green Agro Energies Private Limited (SGAEPL), has successfully commissioned Phase-1 of its 5 Tonnes Per Day (TPD) Compressed Bio Gas (CBG) Plant in Bulandshahr, Uttar Pradesh. This marks the company's entry into the renewable energy sector and fulfills an investor commitment. The commissioned Phase-1 has an initial operational capacity of 1 TPD, with commercial sales expected shortly. The project aims to convert agricultural residue into clean fuel, supporting India's energy security and environmental goals. This strategic expansion is poised to contribute to the Group's growth and profitability.

Desco Infratech Limited has received a Letter of Intent (LOI) from Sabarmati Gas Limited, a joint venture of GSPC and BPCL. The LOI is for the execution of work related to the laying, installation, testing, and commissioning of gas pipelines for CNG station connectivity. The total value of the contract is Rs. 150,640,474 (approximately Rs. 150.64 Million), inclusive of GST. This follows Desco Infratech being declared the L1 Bidder in a previous tender. The contract is for a domestic entity and is expected to be executed as per the contract terms.

Desco Infratech Ltd has received a purchase order/FOA from KP Energy Limited and GAIL Gas Limited amounting to ₹56.22 million. The order involves supply, installation, and execution works related to cable laying, HDPE pipes, OFC works, termination kits, and allied infrastructure works. It also includes a hiring contract for laying of underground MDPE pipeline and associated works for Gail Gas Bengaluru CGD Projects. The order is domestic and to be executed as per the contract terms.