Ducon Infratechnologies Ltd. , a leading engineering solutions provider based in Thane, India, has announced the launch of a research and development program aimed at developing solvent-based carbon capture technology. This initiative underscores the company's commitment to industrial decarbonization and long-term value creation for shareholders.

Program Objectives

The R&D program focuses on creating scalable, cost-effective solutions to capture CO₂ from flue gas streams across various industries, including power, cement, steel, and oil & gas. Leveraging Ducon's extensive experience in air pollution control, bulk material handling, and clean energy, the initiative will concentrate on:

• Advanced solvent formulations
• Optimized mass-transfer equipment
• Heat-integration schemes to reduce energy consumption and lifecycle costs

Initial Phase and Partnerships

The initial phase of the program includes:

• Bench-scale experimentation
• Process modeling
• Partnerships with academic and industrial collaborators

These efforts aim to accelerate the time-to-pilot for the technology.

Market Opportunity in India

The Indian carbon capture and storage market is projected to grow at a compound annual growth rate (CAGR) of 10.30% from 2025 to 2030. This growth is supported by India's decarbonization roadmap, which points to increasing deployment of carbon capture, utilization, and storage (CCUS) technologies to complement renewable energy and efficiency gains.

Aron Govil, CMD of Ducon Infratechnologies, stated, "Solvent-based capture remains the most technically proven route for post-combustion applications, offering retrofit flexibility for brownfield facilities across India. By investing in solvent-based carbon capture R&D today, we aim to position Ducon as a trusted technology partner for customers seeking practical, bankable pathways to meet their CO2 emissions targets."

Value Creation for Investors

Ducon expects this R&D initiative to create multi-year value through:

1. Technology Differentiation: Developing proprietary solvent blends and optimized absorber/stripper configurations to improve project economics and competitiveness.
2. High-Margin Services: Creating opportunities for engineering, procurement, and construction (EPC) services, as well as long-term operations, maintenance, and solvent management services.
3. Strategic Optionality: Anticipating opportunities for partnerships and platform expansion as the CCUS ecosystem scales.

Next Steps

Ducon plans to advance from bench-scale testing to a pilot installation, subject to validation milestones. The company will provide updates on key technical and commercial progress, including performance metrics, partner announcements, and customer demonstrations.

As India continues to pursue its net-zero emissions goals and develop its carbon market, Ducon Infratechnologies' investment in carbon capture technology positions the company to play a significant role in the country's decarbonization efforts.

Ducon Infratechnologies Limited (BSE: 534674, NSE: DUCON) has received a significant boost to its capital raising plans. The company announced that it has secured in-principle approval from BSE Limited for a proposed rights issue of equity shares worth up to Rs. 49.50 crores.

Key Details of the Rights Issue

• Approval Date: The approval was granted through a BSE letter dated August 14, 2025.
• Issue Size: Up to Rs. 49.50 crores
• Share Details: Equity shares with a face value of Rs. 1 each
• Eligible Participants: Offered to eligible equity shareholders of the company

Regulatory Compliance

The company has adhered to regulatory requirements by promptly informing the stock exchanges about this development. Darshit Parikh, Company Secretary and Compliance Officer of Ducon Infratechnologies, signed the regulatory communication.

Additional Information

According to the Letter of Offer Rights (LODR) data submitted by the company:

• The application for in-principle approval was submitted to BSE Limited.
• The rights issue will involve the issuance of equity shares at a price yet to be determined.
• The price will include a premium, the details of which are to be finalized.
• The company's registered office is located at DUCON House, Plot No. A/4, Road No.1, MIDC, Wagle Industrial Estate, Thane (W) – 400 604, India.
• Ducon Infratechnologies Limited's Corporate Identification Number (CIN) is L72900MH2009PLC191412.

Market Impact

This rights issue approval marks a significant step for Ducon Infratechnologies in its efforts to raise capital. The successful completion of the rights issue could provide the company with additional funds to support its growth initiatives and strengthen its financial position.

Investors and market participants will be watching for further details on the rights issue, including the final pricing and the record date for eligible shareholders. The company is expected to release more information as it progresses with the rights issue process.