Desco Infratech Ltd receives orders worth Rs. 8.08 Crores

Desco Infratech Ltd has received a Letter of Acceptance (LOA) from Maharashtra Natural Gas Limited (MNGL) amounting to Rs. 1,77,23,128.15 (Rupees One Crore Seventy-Seven Lakh Twenty-Three Thousand One Hundred Twenty-Eight and Fifteen Paise Only) in reference to the L1 and L2 bid earlier intimated to the Exchange on 26.09.2025. Further, with reference to our intimation dated 27.10.2025 wherein the Company had informed that it had been declared the successful bidder and was expected to receive LOAs aggregating to approximately ₹26 crore, we hereby clarify that the MNGL LOA forms pertains to one of the said bids.

In addition to the MNGL LOA, the Company has received LOAs/Purchase Orders aggregating to ₹6.31 crore (approx.) from the following clients:

1. Adani Total Gas Limited: Rs. 5,04,88,618.70/- (Rupees Five Crore Four Lakh Eighty-Eight Thousand Six Hundred Eighteen and Seventy Paise Only)

2. KP Energy Limited: Rs. 78,25,212.00/- (Rupees Seventy-Eight Lakh Twenty-Five Thousand Two Hundred Twelve Only)

3. Sundrops Energia Private Limited: Rs. 5,41,813.00/- (Rupees Five Lakh Forty-One Thousand Eight Hundred Thirteen Only)

4. Antelopus Selan Energy Limited: Rs. 42,65,625/- (Rupees Forty-Two Lakh Sixty-Five Thousand Six Hundred Twenty-Five Only)

Shares of Desco Infratech Limited was last trading in BSE at Rs. 194.70 as compared to the previous close of Rs. 207.70. The total number of shares traded during the day was 38000 in over 69 trades.

The stock hit an intraday high of Rs. 206.65 and intraday low of 190.90. The net turnover during the day was Rs. 7557275.00.

Source : Equity Bulls

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