BSEDesco Infratech LtdMediumNeutral
Announced Fri, 29 May · 11:46 IST

Intimation regarding Appointment of Senior Management Personnel ("SMP") & Internal Auditor

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹229.00
prior close
₹223.05
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AI summary

Desco Infratech Ltd has announced two board-level appointments approved at the May 29, 2026 meeting. First, Mr. Arun Kumar Kalyanaraman has been appointed as President Strategic Projects (designated as Senior Management Personnel) effective June 1, 2026. He brings over 43 years of experience in EPC projects, cross-country pipelines, and oil & gas infrastructure, having led execution of 1000+ km of pipeline projects for major clients like IOCL, GAIL, and Gujarat Gas. Second, M/s. Kanchan Agarwal & Associates has been re-appointed as Internal Auditor for FY 2026-27 based on the Audit Committee's recommendation. Both appointees have confirmed they are not related to any Director of the Company.

Likely market impact

This is a routine governance filing confirming new senior leadership with strong technical credentials in the infrastructure sector and continuity of internal audit arrangements. The appointments should provide stability but do not signal any major strategic shift for shareholders.