Ducon Infratechnologies Corrects Rights Issue Details, Confirms 10:13 Entitlement Ratio
Ducon Infratechnologies Ltd. has issued a corrigendum regarding the outcome of its Board Meeting held on August 19, 2026, clarifying a clerical error in the details of its Rights Issue. The company confirmed the specific terms and figures related to the rights offering, which is open to eligible equity shareholders.The corrigendum addresses a minor typographical mistake in the previously stated figures pertaining to the Rights Issue. The company has officially placed on record the corrected details concerning the number of Rights Equity Shares offered, the aggregate issue size, and the post-issue outstanding share capital.
As per the rectified details, the company is issuing 24,99,42,759 Rights Equity Shares. The issue aggregates up to ₹ 24,99,42,759. Assuming full subscription, the total outstanding equity shares post the Rights Issue will stand at 57,48,68,346.
The terms of the Rights Issue, as approved by the Board, involve the issue of these shares for cash at an issue price of Re. 1.00/- per equity share, with a face value of Re. 1.00/- each.
The rights entitlement ratio for the eligible equity shareholders is set at 10 Rights Equity Shares for every 13 fully paid-up equity shares held as on the Record Date, which is Tuesday, August 25, 2026.
Key details of the Rights Issue and the correction are presented below:
| Particulars | As Erroneously Stated | As Corrected |
|---|---|---|
| Number of Rights Equity Shares offered | 24,99,42,758 | 24,99,42,759 |
| Aggregate Issue Size | ₹ 24,99,42,758/- | ₹ 24,99,42,759/- |
| Outstanding Equity Shares Post Rights Issue | 57,48,68,345 | 57,48,68,346 |
The Rights Issue involves the offer of these shares to all eligible equity shareholders on a rights basis. The company stated that all other particulars and terms of the original outcome remain unchanged, including the Record Date and the rights entitlement ratio.
The revised Annexure I details the financial and structural aspects of the Rights Issue, including the prior outstanding equity shares of 32,49,25,587 Equity Shares.
| Particulars | Details |
|---|---|
| Equity Shares Offered through the Issue | 24,99,42,759 Equity Shares |
| Face Value per Equity Share | Re. 1.00/- each |
| Issue Price per Equity Share | Re. 1.00/- each |
| Rights Entitlement Ratio | 10 Rights Equity Shares for every 13 fully paid-up equity shares |
| Outstanding Equity Shares Post Rights Issue (assuming fully subscription) | 57,48,68,346 Equity Shares |
DUCON Stock Price Movement
As of 12:58 PM, shares of Ducon Infratechnologies Limited are slipping in live trading, currently at ₹2.34 after shedding ₹0.06 or 2.50%. The stock has seen active movement today with a total traded volume of 960,550 shares.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.
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