Ducon Infratechnologies Limited has informed the Exchange about General Updates
DUCON · price
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Ducon Infratechnologies Limited has filed the Draft Letter of Offer (DLOF) dated May 06, 2025 with the stock exchanges for a proposed Rights Issue of equity shares. The company plans to issue fully paid-up equity shares of face value ₹1 each, aggregating up to ₹4,950 lakhs (₹49.50 crore), assuming full subscription. The issue price, premium, entitlement ratio, and record date are yet to be finalized, as the DLOF is in draft form. The promoter of the company is Arun Govil, and the issue will be made to existing eligible equity shareholders on a rights basis. Mark Corporate Advisors is the lead manager and Bigshare Services is the registrar. 100% of the issue price will be payable on application.
The company is planning to raise up to ₹49.5 crore from existing shareholders through a rights issue, which could lead to dilution for shareholders who do not subscribe. Key terms like the issue price, premium, and ratio are not yet disclosed, so existing investors should watch for the final Letter of Offer and record date announcement.