Ducon Infratechnologies Limited — Capital/Financing Update 2021

Mar 17, 2021

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Date : 17[th] March, 2021

To

BSE Limited National Stock Exchange of India Limited Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai-400001. BandraKurla Complex, Bandra (East), Script Code – 534674 Mumbai – 400051 Symbol - DUCON

Sub: Press Release

Please find enclosed herewith Press Release for Ducon Infratechnologies Ltd. awarded LoI for AHS package by Vedanta Limited.

This is for your information and record.

Thanking you,

Yours faithfully,

ForDuconInfratechnologies Limited

Darshit

Darshit Digitally signed by Darshit Prakash Parikh DN: c=IN, st=Maharashtra, 2.5.4.20=0eb55c039d44d71025cfd3190e0a103c04d96a14e48250009bffe3c34814ea Prakash ee, postalCode=400092, street=302,Chrismaa Enclave,Dharamdas Road,Babhai Naka,Borivali West,Mumbai, serialNumber=a6a7b16142585643142b21f971f8021f27d0b51b16c75aa5a30b4acce Parikh ed8c360, o=Personal, cn=Darshit Prakash Parikh, title=0505, pseudonym=ca46284c15bd9835748fb20194107560 Date: 2021.03.17 10:44:09 +05'30'

Parikh

Darshit Parikh Company Secretary

WWW.DUCONINFRA.CO.IN | BSE: 534674 NSE: DUCON | CIN: L72900MH2009PLC191412 | BLOOMBERG: DUCON:IN |SECTOR: IT INFRA AND NON IT INFRA

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Ducon Infratechnologies awarded LoI for AHS package by Vedanta Limited

Thane, India, March 17, 2021: Ducon Infratechnologies Limited (BSE: 534674, NSE: DUCON), (“Ducon Infratechnologies”) one of the leading EPC (Engineering, Procurement and Construction) companies announced receipt of its latest AHS (Alumina Handling System) order.

The Company announced that it has received LoI (Letter of Intent) from Vedanta Limited, one of the world’s leading natural resources companies, for Alumina Handling System for at their Alumina Refinery, Lanjigarh, District Kalahandi, Odisha. The scope includes complete Design & Engineering, Supply, Erection and Commissioning of Alumina Handling System, for refinery expansion.

The Company continues to be actively involved in bidding for both FGD (Flue Gas Desulpharisation) and MHS (Material Handling System) projects. In the case of FGD Projects, the company is bidding directly as well as jointly with other EPC companies and remains hopeful to win some of these projects as and when they are decided.

About Ducon Infratechnologies Limited

Ducon Infratechnologies Limited (BSE: 534674, NSE: DUCON) is one of the leading EPC (Engineering, Procurement and Construction) in India providing turnkey solutions in the Industrial and infrastructure space to multiple business segments across varied industries. The Company is diversified into FGD systems, bulk material handling systems, Electrification and infrastructure markets. The Company offers execution of turnkey FGD systems for power & industrial boilers, bulk material handling systems and electrification projects across India and neighboring regions. The Company is led by a team of young and dynamic professionals with technical, marketing and sales know-how and has an objective to become a leading solution provider infrastructure business sector.

If you have any questions or require further information, please feel free to contact:

Ducon:

Darshit Parikh (Company Secretary), investor@dtlindia.com

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors. that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forwardlooking statements to reflect subsequent events or circumstances.

Ducon Infratechnologies Limited, Ducon House, Road No 1, MIDC, Wagle Estate, Thane West, Maharashtra- 400604