Ducon Infratechnologies Limited — Board Meeting, 17-01-2025: Outcome of Board Meeting

The Board of Directors of Ducon Infratechnologies Limited has approved a fundraising initiative through the issuance of equity shares worth up to ₹49.50 Cr on a rights basis, pending necessary approvals. The board appointed merchant bankers and legal advisors to facilitate this process. The meeting lasted approximately 16 minutes. This strategic move positions the company for potential growth and allows existing shareholders the opportunity to participate in its development.