BSECompany Update13 Aug 2026 · 13 Aug 2026, 02:30 pm

Details as attached

Desco Infratech Ltd · 544387

✦ AI SummaryOrder Win

Desco Infratech Ltd has emerged as the L1 bidder for the Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works in Vizag GA in Andhra Pradesh by Indian Oil Corporation Limited.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

Desco Infratech Ltd - 544387 - Intimation Regarding Emergence As L1 Bidder For Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works In Vizag GA In State Of Andhra Pradesh By Indian Oil Corporation Limited

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13th August, 2026 The Manager- Listing Department, BSE Limited P.J. Towers, Dalal Street, Fort, Mumbai- 400001, Maharashtra, India. Scrip ID/Code: Desco/544387 Subject: Intimation regarding emergence as L1 Bidder for Empanelment of contractors under Zonal Rate Contract for Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works in Vizag GA in state of Andhra Pradesh by Indian Oil Corporation Limited Reference No.: Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015. Respected Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Desco Infratech Limited has emerged as the L1 (Lowest Bidder) in relation to the tender floated by Indian Oil Corporation Limited for execution of Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works in Vizag GA in state of Andhra Pradesh. The scope of work broadly includes laying, testing, and commissioning of underground Polyethylene (PE) main and service pipelines network of sizes ranging from 20mm up to 180mm Dia. along with above ground GI/ Cu pipe installation (LMC) and Direct Marketing Services for PNG Connections to Domestic, Industrial and Commercial consumers for City Gas Distribution project including installation of DRS / MRS /DCU/ Metering Skid / SR / Meters / Regulators etc. Further disclosure, including the details required under the aforementioned SEBI regulations read with Master circular, shall be made separately upon receipt of the Letter of Intent (LOI) or Letter of Award (LOA) or Purchase Order from the concerned authority. Kindly take the above information on your records. Thank You! Yours faithfully, For DESCO INFRATECH LIMITED Mr. Malhar Pankaj Desai Whole-time Director DIN: 07293599