Disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 2015
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Mr. Pankaj Pruthu Desai, Promoter and Chairman & Managing Director of Desco Infratech Ltd, bought 13,000 equity shares of the company through an on-market trade on BSE on 2 March 2026. The total value of the transaction was approximately Rs 21.11 lakh (roughly Rs 162 per share). Prior to this purchase, the promoter held Nil shares; after the purchase, his holding stands at 13,000 shares, equal to 0.16% of the company's equity. The disclosure was filed by the Company Secretary on 4 March 2026 under SEBI's insider trading regulations.
This is a small promoter open-market purchase (0.16% stake) and is generally viewed as a mild confidence signal from the promoter, though the size is too small to materially affect shareholding or stock price.