Please find the enclosed herewith the Outcome of Postal Ballot
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Desco Infratech Ltd conducted a Postal Ballot (via remote e-voting from January 21, 2026 to February 19, 2026) to seek shareholder approval for altering the Main Object Clause of its Memorandum of Association. The resolution was passed as a Special Resolution. Out of 7,676,008 total outstanding shares, 4,726,434 shares (61.57%) were polled, and 100% of votes cast were in favour, with zero votes against and no invalid votes. Promoters voted 100% in favour (4,461,000 shares), while public non-institutions polled only 8.71% of their holdings, all in favour. Of 1,001 shareholders on record date, only 11 cast valid votes.
The alteration of the Main Object Clause gives the company flexibility to enter new lines of business, which could expand future revenue opportunities but also signals a potential shift in strategic direction. Unanimous approval and full promoter backing suggest management alignment, though very low public participation (under 9% of public non-institutional shares) indicates limited retail engagement with this corporate action.