Ducon Infratechnologies Limited — Capital/Financing Update 2021

Oct 12, 2021

==> picture [475 x 57] intentionally omitted <==

Date: 12/10/2021

To
BSE LimitedP J Towers, Dalal Street,Mumbai-400001.Script Code – 534674	National Stock Exchange of India LimitedExchange Plaza,Bandra Kurla Complex, Bandra (East),Mumbai – 400051Symbol- DUCON

Dear Sir/Madam,

Sub: Intimation of upgrade in credit rating under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) by Ducon Infratechnologies Limited (“Company”)

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the credit rating as provided by Acuite Ratings & Research Limited, the rating agency, has been upgraded on the basis of recent developments and performance of the company. The new ratings are as follows:

The new ratings are as follows:
Total Bank Facilities Related	Rs. 112.00 Cr
Long Term Rating	ACUITE BB/Stable(Assigned)
Short Term Rating	ACUITE A4+(Assigned)

We request you to take the above on record and the same be treated as compliance under the provisions of the SEBI Listing Regulations and any other provisions as applicable in this regard.

Thanking You,

Yours Faithfully,

For Ducon Infratechnologies Limited

==> picture [69 x 29] intentionally omitted <==

Darshit Parikh Company Secretary