Announcement under Regulation 30
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Awaiting price reaction for this filing.
Desco Infratech received a notice from BSE on December 16, 2025 flagging late submission of related party transaction disclosures for the half year ended September 2025 under Regulation 23(9) of the SEBI Listing Regulations. BSE levied a fine of Rs. 5,900 (inclusive of GST) on the company for this procedural delay. The company has already paid the fine within the prescribed timeline and completed the required compliance. The Board of Directors reviewed the matter on January 17, 2026 and directed management to strengthen internal compliance monitoring systems to prevent recurrence. The company clarified the delay was inadvertent in nature, caused by administrative constraints, and there is no material impact on its financials, operations, or other activities.
The financial impact is negligible given the small fine amount, and the matter has been resolved. However, investors should note that BSE has warned that repeated non-compliance under these regulations could lead to freezing of promoter shareholdings or transfer to the Z group with possible trading suspension, so the company's compliance track record going forward is worth watching.