Desco Infratech Limited Receives Electrical Contractor's Licence for Gujarat Operations
Desco Infratech Limited has secured an Electrical Contractor's Licence from the Government of Gujarat, Energy and Petrochemicals Department. This license permits the company to execute electrical installation works across the State of Gujarat, subject to applicable laws and regulations.The license is valid for a period of five years from its issuance date. It serves as a foundational authorization for Desco Infratech Limited to engage in and manage various electrical installation projects within the region.
The company indicated that this development strengthens its operational capacity in the electrical infrastructure segment. By obtaining this license, Desco Infratech Limited is positioned to participate in broader electrical infrastructure projects and enhance its presence in the power infrastructure and contracting sectors in Gujarat.
| Particulars | Details |
|---|---|
| Licensing Authority | Government of Gujarat / Competent Licensing Authority |
| Type of License | Electrical Contractor's Licence |
| Authorization Scope | Undertaking electrical installation works in the State of Gujarat |
| Validity Duration | Five (5) years from issue date |
| Strategic Impact | Enhances business opportunities in electrical contracting and power infrastructure |
Stock Price Movement
As of 10:53, Desco Infratech Ltd shares are sliding to ₹193.70, down 2.07%. The shares have fluctuated between an intraday low of ₹191.05 and a high of ₹197.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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