Ducon Infratechnologies Receives In-Principle Approval for Rights Issue

Ducon Infratechnologies Limited has announced receiving in-principle approval from both BSE and NSE for its proposed issuance of equity shares on a rights basis. This approval, dated August 6, 2026, signifies a crucial step forward in the company's fundraising plans. The stock exchanges have granted permission for Ducon to use their names in its Letter of Offer, provided specific disclaimer clauses are included. The company must adhere to all legal and statutory formalities, including fixing a record date and disclosing the rights issue price at least three working days prior to it. Post-issue requirements and listing formalities must also be completed.