Desco Infratech Limited has informed exchange regarding appointment of Secretarial Auditor of the Company for 5 Consecutive years from FY 2025-26 to FY 2029-30, Subject to approval of members ....
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Desco Infratech Limited has appointed M/s M.D. Baid & Associates, Practicing Company Secretaries, as its Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30. The appointment was approved at the Board meeting held on September 5, 2025, and is subject to shareholder approval at the upcoming Annual General Meeting. The firm is led by founding partner CS Mohan D. Baid, who has 41 years of experience in corporate secretarial and legal advisory work, and serves clients across chemicals, pharma, gems & jewellery, financial, and textile sectors. The firm is peer-reviewed by the Institute of Company Secretaries of India and is not related to any of the company's directors. The appointment is being made under Section 204 of the Companies Act, 2013, as part of standard regulatory compliance.
This is a routine governance and compliance appointment with no material impact on shareholders or the stock price. It simply fulfils the company's ongoing regulatory requirement to have a secretarial auditor in place.