12-Jun-2026 19:06:10
DUCONGeneral news
💰 DUCON INFRATECHNOLOGIES APPROVES ₹25 CR RIGHTS ISSUE 📑
• 🏢 Board approved Rights Issue of up to ₹25 Crore • 👥 Issue will be offered to existing shareholders on a rights basis • 📅 Record date and rights entitlement ratio to be decided later • 📋 Board constituted a Rights Issue Committee to oversee the fundraising process • 🤝 Appointed intermediaries and approved the Draft Letter of Offer for the issue • 📈 Funds expected to support growth plans and strengthen the company's financial position 🟢 Impact: Positive/Neutral (Provides growth capital and financial flexibility, though existing shareholders may need to participate to avoid dilution)
Ducon Infratechnologies Ltd