Ducon Infratechnologies approved the allotment of 24,99,42,759 equity shares through a rights issue on September 11, 2026. The company allotted shares at a price of Re. 1.00 each on a 10:13 basis for eligible shareholders as on August 25, 2026.

The Rights Issue Committee sanctioned the move during a meeting held via video conferencing at its registered office in Thane, Maharashtra. This action follows the Letter of Offer dated August 25, 2026, and the basis of allotment approved by the National Stock Exchange of India Limited.

Capital Structure Update

Consequent to this allotment, the total paid-up equity share capital of Ducon Infratechnologies increased to 57,48,68,346 shares. Each share carries a face value of Re. 1.00, bringing the total equity capital value to ₹57,48,68,346.

The company also extinguished lapsed Rights Entitlements and deactivated the ISIN allotted to these entitlements (INE741L20034). Arun Govil, Managing Director, signed the disclosure pursuant to Regulation 30 of the SEBI LODR Regulations, 2015.

Ducon Infratechnologies has fixed September 21, 2026, as the record date for its 17th annual general meeting (AGM). The meeting is scheduled for September 28, 2026, at 5:30 pm via video conferencing.

The board approved this date during its meeting on September 2, 2026. Electronic copies of the notice and the integrated annual report for FY26 were dispatched on September 4, 2026. Remote e-voting will commence on September 25, 2026, at 9:00 am and conclude on September 27, 2026, at 5:00 pm.

Director Appointments and Changes

The board recommended the appointment of Mr. Anil Bhandari and Mr. Sandip Sutar as independent directors for a term of five years, effective from September 28, 2026. Both appointments are subject to shareholder approval at the ensuing AGM.

Mr. Prakash Vaghela was recommended for reappointment as an independent director for another five-year term. Conversely, Mr. Maruti Deore, a non-executive non-independent director, will not seek re-election. The company confirmed it is not appointing any other person to fill the resulting casual vacancy. Mr. Jinesh Shah, an independent director, retires upon completion of his five-year tenure.

Voting and Logistics

Shareholders holding shares in physical or dematerialized form may cast their votes electronically during the specified window. The company affirmed that all appointed directors are not debarred from holding office under SEBI orders or relevant BSE and NSE circulars dated June 20, 2018.

Mr. Sachin Bidkar, a practicing company secretary, was appointed as the scrutinizer to ensure fair and transparent voting. National Securities Depository Limited (NSDL) will conduct the AGM proceedings. Physical attendance has been dispensed with pursuant to Ministry of Corporate Affairs circulars, and proxy forms were not annexed to the notice.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE741L01018/1d1a4fd7-b626-4954-be73-a056f74a55f8.pdf