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Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular bearing reference no. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, Desco Infratech has informed that with reference to the Company's earlier disclosure dated 18th May, 2026 intimating that Desco Infratech was declared as the L1 Bidder for the tender issued by Sabarmati Gas (A Joint Venture of GSPC & BPCL), the Company has received a Letter of Intent (LOI) from Sabarmati Gas Ltd (A Joint Venture of GSPC & BPCL) for execution of the said work to amounting to Rs.150,640,474 (Rupees One Hundred Fifty Million Six Hundred Forty Thousand Four Hundred Seventy Four).

The above information is a part of company’s filings submitted to BSE.

Desco Infratech Share Price

187.90 -7.55 (-3.86%)
17-Jul-2026 16:59 View Price Chart
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: