BSECompany Update16 Sept 2026 · 16 Sept 2026, 12:58 pm

Signing of Memorandum of Understanding (MoU) with DenEB Air Gases Private Limited for strategic collaboration

Desco Infratech Ltd · 544387

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Desco Infratech Ltd has signed a Memorandum of Understanding (MoU) with DenEB Air Gases Private Limited for strategic collaboration in the LNG, LCNG and CNG infrastructure sectors.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10

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Desco Infratech Ltd - 544387 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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16th September 2026 The Manager- Listing Department, BSE Limited P.J. Towers, Dalal Street, Fort, Mumbai- 400001, Maharashtra, India. Scrip ID/Code: DESCO/544387 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Signing of Memorandum of Understanding (MOU) Respected Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, we would like to intimate that the Company has entered into a Memorandum of Understanding (MoU) with DenEB Air Gases Private Limited as part of the Company’s strategic business growth initiatives and opportunities for business expansion. The MOU is for strategic collaboration in the LNG, LCNG and CNG infrastructure sectors for jointly pursuing and executing suitable EPC opportunities. The details as required under the aforesaid SEBI Circular are provided in Annexure – A to this intimation. You are requested to kindly take note of the same. Thank You! Yours faithfully, For DESCO INFRATECH LIMITED CS Tripti Gaggar Company Secretary & Compliance Officer Annexure – A Disclosure of details pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 Arrangements for strategic, technical, manufacturing, or marketing tie-up: Agreement/ joint venture (JV) with companies Sr. No. Particular Description 1. Name of the entity(ies) with whom DenEB Air Gases Private Limited agreement/ JV is signed; 2. Area of agreement/JV; Memorandum of Understanding (MoU) 3. Domestic/international; Domestic 4. Share exchange ratio / JV ratio; N.A. 5. Scope of business operation of agreement To establish a long-term strategic collaboration between the / JV; Parties for identifying, pursuing, bidding for, securing and executing EPC projects relating to LNG, LCNG and CNG infrastructure, by combining their respective commercial, technical and EPC execution capabilities. 6. Details of consideration paid / received in The payment terms shall be mutually discussed and agreed agreement / JV; upon in writing by the Parties on a project-by-project basis. No fixed financial arrangement has presently been finalized under the MoU. 7. Significant terms and conditions of The MoU establishes a long-term strategic collaboration for agreement / JV in brief; jointly pursuing and executing EPC projects in the LNG, LCNG and CNG infrastructure sectors. 8. Whether the acquisition would fall within The transaction does not fall under related party related party transactions and whether the transactions. promoter/ promoter group/group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 9. Size of the entity(ies); DenEB is a private limited company operating in the energy and industrial gas sectors, with capabilities spanning end- to-end EPC solutions and associated technical services. The company has expertise across Natural Gas, LNG, LPG, cryogenic systems and on-site clean gas generation solutions, serving projects involving various industrial gases and related infrastructure. 10. Rationale and benefit expected. The collaboration is intended to leverage the complementary commercial, technical and EPC execution capabilities of the Parties to enhance their ability to identify, pursue and execute suitable opportunities in the LNG, LCNG and CNG infrastructure sectors. The arrangement is expected to facilitate access to business opportunities, strengthen project execution capabilities, improve competitiveness and create sustainable business opportunities for the Parties.