Desco Infratech Limited informed the exchange the notice convening the 14th Annual General Meeting of the company, schedule to be held on Tuesday, September 30, 2025 at 02.00 p.m. (IST) ....
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Desco Infratech has notified BSE that its 14th AGM will be held on September 30, 2025 at 2:00 PM via video conferencing. Shareholders will consider adoption of FY25 financial statements and re-appointment of two retiring directors (Samarth Pankaj Desai and Amulya Kumar Jena). The meeting will also seek approval to regularise Mr. Yash Gurnani as Independent Director for 5 years, appoint M/s M D Baid & Associates as Secretarial Auditor for FY26–FY30, and revise the Managing Director's pay to a commission of 0.3% of annual turnover (effective October 1, 2025) on top of his current Rs 1.80 lakh monthly salary. Additionally, shareholders' approval is sought for related-party transactions of up to Rs 30 crore each per year with Desai Associates and Desai Energy Private Limited, both linked to MD Pankaj Desai. E-voting window runs September 27–29, 2025, with cut-off date of September 23, 2025.
Routine AGM business, but the proposed revision in MD remuneration tied to turnover (0.3%) and the two large related-party transaction limits (Rs 60 crore combined annually) are items minority shareholders may want to evaluate before voting.