Ducon Infratechnologies Approves Rights Issue Up To ₹25 Crore to Strengthen Capital Base
Ducon Infratechnologies Limited has announced that its Board of Directors approved a Rights Issue of equity shares aggregating up to ₹ 25 Crore. The strategic move is intended to strengthen the Company's financial position, enhance financial flexibility, and support its long-term growth objectives.The rights issue will be offered exclusively to eligible equity shareholders. The net proceeds from this offering are designated for specific purposes crucial to the company's operational and structural health. These purposes include repaying or prepaying unsecured loans taken from Arun Govil, Managing Director and Promoter of the Company, up to ₹ 9.52 Crore. Additionally, the funds will be used for funding incremental working capital requirements amounting to ₹ 7.36 Crore, with the remainder allocated to general corporate purposes.
The deployment of these funds is expected to optimize the company's capital structure, support ongoing operational needs, and further enhance financial flexibility. The rights issue also presents existing shareholders an opportunity to participate in the Company's future development trajectory.
As per current records, Ducon Infratechnologies Limited has 32,49,25,587 fully paid-up equity shares of face value Re 1 each. Further details regarding the rights issue, including the issue price, the rights entitlement ratio, and the record date, will be provided in the Letter of Offer subsequently issued.
Arun Govil, Chairman and Managing Director of Ducon Infratechnologies Limited, stated that the Rights Issue is a significant step toward reinforcing Ducon's financial foundation. He added that the proposed utilization aligns with the company’s goal of maintaining a prudent capital structure while supporting future business needs.
Company Profile and Financial Snapshot
Ducon Infratechnologies Ltd., headquartered in Thane, India, operates as a technology EPC company, providing end-to-end engineering solutions spanning design, supply, installation, and lifecycle services across environmental control, clean energy, infrastructure, and process industries.The Company’s operational performance for the fiscal year FY26 was:
| Metric | Value (FY26) |
|---|---|
| Consolidated Total Income | ₹ 422.05 Cr |
| EBITDA | ₹ 26.52 Cr |
| Net Profit | ₹ 10.98 Cr |
DUCON Stock Price Movement
Ducon Infratechnologies Limited shares gained 3.20% on Monday as the stock settled at ₹3.79, fueled by positive movement across the session. The equity saw a trading volume of 446,485 shares during its closing period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.