Disclosure under Regulation 7(2) of SEBI (PIT) Regulation, 2015
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Desco Infratech has disclosed that Mr. Pankaj Pruthu Desai, the Promoter, Chairman and Managing Director of the company, has purchased 15,000 equity shares through an open market transaction on 10 March 2026. The shares were acquired at a value of around ₹3,58 (likely ₹3.58 lakh total), bringing his post-acquisition holding to approximately 3,15,000 shares, up from about 3,00,000 shares. His shareholding moved from roughly 0.16% to around 0.20% of the company. The disclosure was filed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 via Form C. The company is a Surat-based infrastructure firm (formerly Desco Infratech Pvt Ltd).
A promoter buying shares from the open market is generally viewed as a positive signal of insider confidence in the company's prospects, though the purchase size is small in both absolute and percentage terms, so its direct impact on the stock price is likely limited.