Divya Agarwal
Mumbai (Maharashtra) [India], June 16: Ducon Infratechnologies Limited (NSE- DUCON | BSE- 534674 | INE741L01018), a global diversified technology EPC company delivering engineering solutions across environmental control, clean energy, infrastructure, and process industries, today announced that its Board of Directors has approved a Rights Issue of equity shares aggregating up to ₹25 Crore.
The Rights Issue is aimed at strengthening the Company’s financial position, enhancing financial flexibility, and supporting its long-term strategic priorities. The issue will be offered to eligible equity shareholders of the Company on a rights basis.
The net proceeds from the Rights Issue are proposed to be utilized for the following purposes:
- Repayment or prepayment, in full or in part, of certain unsecured loans availed by the Company from Mr. Arun Govil, Managing Director and Promoter of the Company – up to ₹9.52 Crore
- Funding incremental working capital requirements – ₹7.36 Crore
- General corporate purposes
The proposed deployment of funds is expected to strengthen the Company’s balance sheet, optimize its capital structure, support operational requirements, and enhance financial flexibility. The Rights Issue will also provide existing shareholders an opportunity to participate in the Company’s future growth journey.
The Company currently has 32,49,25,587 fully paid-up equity shares of face value Re. 1 each. The detailed terms and conditions of the Rights Issue, including the issue price, rights entitlement ratio, record date, and application process, will be specified in the Letter of Offer to be issued in due course.
| Commenting on the development, Arun Govil, Chairman & Managing Director of Ducon Infratechnologies Limited said: “The Rights Issue represents an important step in strengthening Ducon’s financial foundation and supporting its long-term strategic priorities. The proposed utilization of proceeds is aligned with our objective of maintaining a prudent capital structure, enhancing financial flexibility, and supporting future business requirements. As we continue to focus on disciplined execution and sustainable growth, we believe this initiative further strengthens our ability to pursue opportunities across our core business segments while maintaining a balanced approach to capital allocation.” |
Ducon Infratechnologies Limited
Ducon Infratechnologies Ltd., headquartered in Thane, India, is a technology EPC company providing engineering solutions for environmental control, clean energy, infrastructure, and process industries, with end-to-end capabilities spanning design, supply, installation, and lifecycle services.
Website: http://ducon.com
For FY26, the company reported consolidated Total Income of ₹422.05 Cr, EBITDA of ₹26.52 Cr, and Net Profit of ₹10.98 Cr
