Desco Infratech Wins ₹15.06 Crore Sabarmati Gas Order; Shares Gain

Mumbai, June 19: Desco Infratech Ltd said on Thursday that it has received a letter of intent (LOI) worth ₹15.06 crore from Sabarmati Gas Ltd for pipeline infrastructure work, according to an exchange filing.

The company said the order has been awarded by Sabarmati Gas, a joint venture of GSPC and BPCL. The contract involves laying, installation, testing and commissioning of 4-inch, 6-inch and 8-inch diameter steel and pipeline networks for FDDO CNG station connectivity.

As per the disclosure, the total value of the order stands at ₹15,06,40,474, inclusive of GST. The company classified the project as a domestic order and said execution will be carried out in accordance with the terms specified in the contract.

Desco Infratech also stated that neither its promoters nor promoter group entities have any interest in the awarding company and that the transaction does not fall under related-party transactions.

Stock Market Snapshot

Shares of Desco Infratech were in focus after the company announced the order win, which adds to its pipeline infrastructure project portfolio.

As of 11:31 IST on June 19, 2026, Desco Infratech shares were trading at ₹219.00. The Desco Infratech share price attracted investor attention following the receipt of the letter of intent from Sabarmati Gas.

Order inflows are closely tracked by investors as they provide visibility on future revenue execution and strengthen a company’s project pipeline.

Company Background

Desco Infratech operates in the infrastructure and engineering segment, undertaking projects related to gas distribution networks, pipeline installation and associated utility infrastructure.

The company provides engineering, procurement, installation and commissioning services for projects across the energy and infrastructure sectors. Its portfolio includes work related to city gas distribution and industrial pipeline connectivity.

Conclusion

The ₹15.06 crore LOI from Sabarmati Gas strengthens Desco Infratech’s order book and reinforces its presence in the gas pipeline infrastructure segment. The project is expected to support the development of CNG station connectivity infrastructure and adds another domestic contract to the company’s execution pipeline.

Investors will watch for further updates on project execution and additional order wins as the company continues to expand its infrastructure portfolio.

Source:

• https://www.bseindia.com/stock-share-price/desco-infratech-ltd/desco/544387
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3d050d8-d124-4751-8e4a-e13d8c9ff98c.pdf