Ducon Infratechnologies Limited has informed the Exchange regarding Outcome of Board Meeting held on April 25, 2026.
DUCON · price
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The Board of Ducon Infratechnologies Limited approved an increase in authorised share capital to Rs. 57.50 crores (57.50 crore equity shares of Re. 1 each), subject to shareholder approval. The Board also approved the conversion of unsecured outstanding loans from Promoter-cum-Managing Director Mr. Arun Govil into equity shares during future fund-raising. An Extra-Ordinary General Meeting has been scheduled for May 20, 2026, through video conferencing to seek shareholder approvals for these proposals.
The capital increase and promoter loan conversion signal potential dilution for existing shareholders. The conversion of promoter loans to equity demonstrates promoter commitment but may dilute minority shareholder stakes. The EGM will be critical for shareholders to vote on these capital restructuring measures.