Desco Infratech Ltd

Desco Infratech Expands into Renewable Energy with Strategic Acquisition 🌱⚡

- Desco Infratech acquired 200,000 equity shares of SGAEPL at face value of ₹10 each, totaling ₹20,00,000.

- The acquisition was approved by Desco's Board on 02.02.2026, with shares allotted on 25.02.2026.

- Post-acquisition, Desco's shareholding in SGAEPL increased to 75%, making it a subsidiary.

- SGAEPL operates in agro-energy and renewable energy, focusing on compressed biogas (CBG) project development.

- SGAEPL reported no turnover in the last three financial years.