Ducon Infratechnologies has successfully allotted over 24.99 crore new equity shares at Re 1 each via its recent rights issue. The move increases the company's total paid-up share capital to 57.48 crore shares, following a 10:13 entitlement ratio.
Ducon Infratechnologies Completes Rights Issue Allotment
Allotment of 24,99,42,759 equity shares at Re 1 per share.
Total paid-up equity capital rises to 57,48,68,346 shares.
Reader Takeaway: The company strengthens its capital base through the rights issue, though shareholders should monitor equity dilution impacts.
What just happened
Ducon Infratechnologies Ltd has finalized its rights issue allotment. The Rights Issue Committee, in its meeting held on September 11, 2026, officially approved the allocation of 24,99,42,759 fully paid-up equity shares. These were issued at a price of Re 1 per share, based on a record date of August 25, 2026.
Why this matters
The issuance follows a 10:13 ratio, meaning eligible shareholders were entitled to 10 rights shares for every 13 shares held. This corporate action effectively expands the company's total equity base to 57,48,68,346 shares. Alongside the allotment, the company has officially extinguished all lapsed rights entitlements and deactivated the temporary ISIN (INE741L20034) used during the process.
What changes now
The company’s capital structure has shifted with the addition of the new shares. Investors should update their records regarding the increased total paid-up share count, which may influence future earnings per share (EPS) calculations and market capitalization dynamics.
What to track next
Shareholders should look for official credit updates to their demat accounts and subsequent regulatory filings regarding the listing of these newly allotted shares on the stock exchanges.