Announcement under Regulation 30 for Intimation of Incorporation of Wholly Owned Subsidiary Company
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Desco Infratech Ltd has incorporated a new wholly owned subsidiary named Desco Bio Green Private Limited, with the Certificate of Incorporation issued by the Ministry of Corporate Affairs on September 24, 2025. The subsidiary is registered in Surat, Gujarat, with an authorized share capital of Rs. 10 lakh and a paid-up capital of Rs. 1 lakh (10,000 equity shares at Rs. 10 each), fully subscribed by Desco Infratech. The new entity will operate in the renewable energy sector, focusing on biogas, biomethane, compressed biogas (CBG), and waste-to-energy projects, along with by-products like organic compost and bio-slurry. The company is yet to commence business operations.
This is a small initial capital outlay (Rs. 1 lakh) aimed at diversifying into the high-growth renewable energy and waste-to-energy space. Since the subsidiary has not yet started operations, there is no immediate financial impact on shareholders, but it signals management's strategic intent to expand into green energy segments.