StockWatch
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Industrial Products
Rights Issue19 Aug 2026, 06:10 pm

Ducon Infratechnologies Approves Rights Issue of ₹24.99 Cr

AI Summary

Ducon Infratechnologies Ltd announced that its Board of Directors, in a meeting held on August 19, 2026, approved a Rights Issue. The company plans to issue 24,99,42,758 Rights Equity Shares of face value Re. 1 each at an issue price of Re. 1 per share, aggregating up to ₹24,99,42,758. The record date for determining eligibility is set for August 25, 2026. Eligible shareholders will receive 10 Rights Equity Shares for every 13 fully paid-up Equity Shares held. The outstanding equity shares before the issue are 32,49,25,587, and post-issue, assuming full subscription, they will be 57,48,68,345.

Key Highlights

  • Board approved a Rights Issue of ₹24.99 Cr.
  • 24,99,42,758 equity shares to be issued at Re. 1 each.
  • Record date set for August 25, 2026.
  • Entitlement ratio is 10 shares for every 13 held.
  • Total outstanding shares to increase post-issue.