Desco Infratech Gets ₹2.34 Crore Adani Total Gas Order; Shares At ₹190.95

Mumbai, September 23: Desco Infratech has received a ₹2.34 crore purchase order from Adani Total Gas Limited (ATGL) for execution of MDPE pipeline laying and LMC activities in Navsari.

According to the exchange filing, Desco Infratech has received the purchase order from Adani Total Gas for work related to the laying of MDPE pipelines and LMC activities in Navsari.

The order has a total value of ₹2,33,97,835.32, inclusive of GST. The contract is domestic in nature, and the execution period will be as specified under the contract.

The company disclosed that its promoters and promoter group have no interest in the entity awarding the order. The transaction has also not been identified as a related-party transaction.

Stock Market Snapshot

Desco Infratech shares were trading at ₹190.95 as of 11:58 AM IST on September 23, 2026, according to the market data shown.

The stock started the session around ₹195 before moving higher briefly to above ₹198. It then gradually moved lower through the morning, falling to around ₹192 before reaching ₹190.95 at the latest quoted time.

The Desco Infratech share price was therefore at ₹190.95 as the company disclosed the new purchase order from Adani Total Gas. The provided market data does not show a percentage change for the latest price, so no percentage movement is assigned here.

Order Covers MDPE Pipeline And LMC Work

The purchase order covers execution work for MDPE pipeline laying and LMC activities in Navsari.

MDPE pipelines are commonly used in city gas distribution networks, while LMC-related activities form part of the customer connection and associated infrastructure work. The latest contract therefore adds another assignment linked to the development of gas distribution infrastructure.

The order value of ₹2.34 crore is inclusive of GST, with execution to be carried out according to the terms and timeline specified in the contract.

Desco Infratech Expands Gas Infrastructure Order Book

The order from Adani Total Gas adds to Desco Infratech’s work in the city gas distribution infrastructure segment.

The company is involved in infrastructure execution activities associated with gas pipeline networks and related installations. The latest assignment with ATGL further connects its project portfolio with the expansion of gas distribution infrastructure in Gujarat.

Conclusion

Desco Infratech has received a ₹2.34 crore purchase order from Adani Total Gas for MDPE pipeline laying and LMC activities in Navsari.

The domestic contract is valued at ₹2,33,97,835.32, inclusive of GST, with execution to follow the terms specified by ATGL. Desco Infratech shares were trading at ₹190.95 as of 11:58 AM IST on September 23, 2026.

Source:

• https://www.bseindia.com/stock-share-price/desco-infratech-ltd/desco/544387
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/038d2db2-16ab-4ad8-a7cf-f4de687dc956.pdf