Ducon Infratechnologies Approves Rights Issue of up to ₹25 Crore

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.