Ducon Infratechnologies Limited has issued a formal notice for an Extra-Ordinary General Meeting (EGM) scheduled for May 20, 2026, at 05:00 P.M. (IST) through Video Conferencing. The company seeks shareholder approval for significant capital structure enhancements, including an increase in authorised share capital and conversion of promoter loans into equity shares.

Regulatory Compliance and Public Notice

Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements on April 30, 2026. The public notice appeared in Active Times Newspaper (English) and Mumbai Lakshadeep Newspaper (Marathi), ensuring comprehensive stakeholder communication.

Key Resolutions for Shareholder Approval

The EGM will address three major resolutions that demonstrate the company's strategic focus on strengthening its financial foundation. The proposals include capital expansion measures and executive appointments to support future growth initiatives.

Authorised Share Capital Enhancement

The company proposes to increase its authorised equity share capital from the existing ₹40,00,00,000 (Rupees Forty Crores Only) divided into 40,00,00,000 equity shares of Re. 1.00 each to ₹57,50,00,000 (Rupees Fifty-Seven Crores Fifty Lakhs Only) divided into 57,50,00,000 equity shares of Re. 1.00 each. This expansion will provide enhanced financial flexibility for future business prospects and strategic initiatives.

Promoter Loan Conversion Framework

Mr. Arun Govil, Managing Director and Promoter, has expressed intention to participate in future fund-raising activities through conversion of his outstanding unsecured loans into equity shares. The conversion mechanism includes provisions where if subscription amount exceeds the outstanding loan, the differential amount shall be paid in cash, and if subscription is less than the outstanding loan, the balance shall continue as unsecured loan.

Executive Leadership Expansion

The company seeks approval for appointing Ms. Vandana Anandilal Govil (DIN: 10174110) as Executive Director for a three-year term from March 30, 2026, to March 29, 2029. Ms. Govil brings over 25 years of experience in marketing and business development related to industrial equipment and green technologies, having served as Vice President of Business Development for Ducon Technologies Inc of USA for more than 15 years.

Financial Performance Context

The capital structure enhancements come as the company maintains steady financial performance. Recent consolidated results show total revenue of ₹25,460.45 lakhs with profit before tax of ₹690.46 lakhs and profit after tax of ₹515.61 lakhs, positioning the company well for strategic expansion initiatives.

Ducon Infratechnologies Limited has officially informed stock exchanges that it does not qualify as a Large Corporate entity under SEBI's regulatory framework for the Financial Year 2026-2027. The company submitted its formal disclosure on April 13, 2026, to both BSE and NSE, confirming its non-applicability status under the Large Entity disclosure requirements.

Regulatory Compliance Framework

The disclosure was made in reference to SEBI circulars SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for fund raising by Large Corporates through debt securities issuance and mandate specific disclosure requirements for entities meeting the Large Corporate criteria.

Company's Financial Position

The company's compliance disclosure reveals its current financial standing regarding the Large Corporate classification criteria:

Disclosure Requirements

Under SEBI's framework, entities identified as Large Corporates must submit initial disclosures within 30 days from the beginning of each financial year. The regulations also stipulate that Large Corporates meeting specific criteria must raise a certain portion of their incremental borrowings through debt securities.

Compliance Officer Authorization

The disclosure was signed by Snehal Sawant, Company Secretary & Compliance Officer, and Harish Shetty, Chief Finance Officer. The document was digitally signed on April 14, 2026, ensuring proper authorization and compliance with regulatory requirements.

Regulatory Implications

By confirming its non-Large Corporate status, Ducon Infratechnologies Limited is exempt from the mandatory borrowing requirements through debt securities that apply to Large Corporate entities. The company's zero outstanding long-term borrowings as of March 31, 2026, clearly positions it outside the Large Corporate framework's applicability criteria.