Desco Infratech Ltd

📈 Major Shareholding Shift at Desco Infratech: Pankaj Pruthu Desai Acquires 31.04% Stake via Gift Transfer

• Pankaj Pruthu Desai acquired 2,382,354 equity shares (31.04% voting rights) from Indiraben Pruthu Desai via off-market gift transfer on April 7, 2026.

• The transfer is exempt from open offer requirements as it involves immediate relatives (mother and son).

• Pankaj's shareholding increased from 15,000 shares (0.20%) to 2,397,354 shares (31.24%), while Indiraben's holding reduced to zero.

• A fee of ₹177,000 was paid to SEBI on April 25, 2026 for report submission.

• Disclosures were filed with BSE SME and stock exchanges in compliance with SEBI timelines.