Surat, January 9, 2026: Desco Infratech Limited (BSE: 544387) has signed a memorandum of understanding to acquire a controlling 75 percent equity stake in Shri Green Agro Energies Private Limited, marking its formal entry into the agro-energy and compressed biogas segment.
The proposed transaction will be executed through subscription to fully paid-up equity shares of Shri Green Agro Energies, with Desco Infratech acting as the lead partner for the development, construction, operation, and maintenance of the project. Upon completion, Shri Green Agro Energies will become a subsidiary of Desco Infratech.
Transaction Structure and Consideration
The acquisition will be completed through a share subscription mechanism, under which Desco Infratech will invest a total of ₹4.05 crore in cash. The investment corresponds to 4.05 lakh equity shares issued at a face value of ₹10 per share, translating into a 75 percent ownership in the target entity.| Particulars | Details |
|---|---|
| Equity stake to be acquired | 75 percent |
| Mode of acquisition | Subscription to equity shares |
| Total consideration | ₹4.05 crore |
| Number of shares | 4,05,000 equity shares |
| Issue price | Face value of ₹10 per share |
Profile of the Target Entity
Shri Green Agro Energies Private Limited was incorporated in 2022 and operates in the agro-energy space, with a specific focus on the development of compressed biogas projects. The company is currently in the project development stage and has not reported any operating revenue over the last three financial years.| Particulars | Details |
|---|---|
| Authorised share capital (post increase) | ₹55 lakh |
| Proposed paid-up share capital | ₹54 lakh |
| Turnover (FY23 to FY25) | Nil |
| Core business | Compressed biogas project development |
About the Company
Desco Infratech Limited is a Surat-based infrastructure company engaged in engineering, construction, and related infrastructure services. The company is listed on the BSE and has been expanding its business footprint into emerging segments aligned with sustainability and long-term energy transition themes.Source:
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