Ducon Infratechnologies Approves Rights Issue of ₹25 Crore

Ducon Infratechnologies Limited announced its Board of Directors has approved a Rights Issue of equity shares aggregating up to ₹25 Crore. The funds raised will be used for repayment of unsecured loans from the Managing Director and Promoter (up to ₹9.52 Crore), funding incremental working capital requirements (₹7.36 Crore), and general corporate purposes. This strategic move aims to strengthen the company's capital base, enhance financial flexibility, and support long-term value creation. The company currently has 32,49,25,587 equity shares outstanding.