StockWatch
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Industrial Products
Rights Issue12 Jun 2026, 06:41 pm

Ducon Infratechnologies Plans ₹25 Cr Rights Issue

AI Summary

Ducon Infratechnologies Ltd announced its Board of Directors has approved a Rights Issue of equity shares aggregating up to ₹25 Crores. The issue price and the number of shares to be offered will be determined in due course and disclosed in the Letter of Offer. A Rights Issue Committee has been formed to manage the process, including appointing intermediaries and finalizing the draft Letter of Offer. The meeting was held on June 12, 2026, via video conferencing.

Key Highlights

  • Board approves ₹25 Cr Rights Issue.
  • Issue price and share count to be determined.
  • Rights Issue Committee formed to manage process.
  • Draft Letter of Offer approved.