Ducon Infratechnologies Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on May 20, 2026

Board & Shareholder Meetings View source PDF

DUCON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+5.7%1-day move

₹3.18

prior close

₹3.25

base price

After-mkt

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AI summary

Ducon Infratechnologies held an EGM on May 20, 2026 via video conferencing lasting 11 minutes. Three resolutions were discussed: (1) Increase in Authorised Share Capital and alteration of the Memorandum of Association, (2) Conversion of Unsecured Loan from Managing Director cum Promoter into Equity Shares, and (3) Appointment of Ms. Vandana Anandilal Govil as Executive Director. The resolutions included both Ordinary and Special resolutions. Voting results will be announced within 2 working days. The meeting was chaired by Arun Govil, Managing Director.

Likely market impact

The loan-to-equity conversion will dilute existing shareholders as new shares are issued to the promoter. The appointment of Ms. Vandana Govil appears to be a related-party appointment based on the shared surname.