Desco Infratech Limited informed the exchange regarding Alteration of Main Object Clause of Memorandum of Association of the company. The detailed disclosure is attached herewith.
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Desco Infratech has expanded its permitted business activities by adding six new sub-clauses (9 to 14) to the Main Object Clause of its MOA. Shareholders approved the change via postal ballot on February 19, 2026. The new scope covers biogas, compressed biogas (CBG), bio-CNG and renewable energy generation; sale of by-products like organic manure and compost; EPC, O&M and consultancy services for renewable energy projects; manpower supply and staffing services; vehicle leasing, rental and hire; and machinery and equipment leasing, rental and hire. The company is registered in Surat, operates in infrastructure, and is now formally diversifying into clean energy, staffing and equipment rental businesses.
This is a strategic diversification move — the company is widening its addressable markets into renewable energy, manpower services and equipment/vehicle rental, but no concrete project, contract or revenue contribution has been announced yet, so the impact is forward-looking rather than immediate for shareholders.