Ducon Infratechnologies Limited — Share Issue/Capital Change 2021

Dec 31, 2021

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Date: 31[st] December, 2021

To

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

Dear Sir/ Madam,

Sub: Outcome of Allotment Committee held on 31[st] December, 2021 in terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

With reference to our letter dated 1[st] February, 2021, whereby an intimation was made w.r.t. allotment of 59634400 warrants, each convertible into one fully paid up equity share of Re. 1/- each of the Company, at an issue price of Rs. 5/- each on preferential basis to Mr. Arun Govil, Managing Director and Promoter of the Company on conversion of outstanding unsecured loan.

The issue of these warrants convertible into Equity shares was authorized by shareholders of the Company by passing Special Resolution through Postal Ballot on 26[th] December, 2020.

In view of above, the Allotment Committee of the Company at its meeting held today i.e. 31[st] December, 2021 has allotted 29000000 equity shares of Re. 1/- each, upon conversion of equal number of warrants, as per the details given below:

Name of the warrant holder	Number of warrants held	Number of equity shares allotted, upon conversion of warrants
Mr. Arun Govil	29000000	29000000

The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company.

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Post the above allotment, the paid up capital of the Company has increased from Rs. 176675117/- (176675117 equity shares of face value of Re. 1/- each fully paid up) to Rs. 205675117/- (205675117 equity shares of face value of Re. 1/- each fully paid up).

The meeting of the Committee commenced at 12.45 p.m. and concluded at 01.00 p.m.

Please take the same on your record.

Thanking you,

Yours faithfully,

For Ducon Infratechnologies Limited

Darshit

Digitally signed by Darshit Prakash Parikh DN: c=IN, st=Maharashtra, 2.5.4.20=0eb55c039d44d71025cfd3190e0a10 3c04d96a14e48250009bffe3c34814eaee, postalCode=400092, street=302,Chrismaa Enclave,Dharamdas Road,Babhai Naka,Borivali West,Mumbai,Mumbai,Maharashtra-400092, pseudonym=d4d38661cec6bdbef3e320bc7c82c225, 2c225, serialNumber=a6a7b16142585643142b21f97 1f8021f27d0b51b16c75aa5a30b4acceed8c36 0, o=Personal, cn=Darshit Prakash Parikh, title=0505 Date: 2021.12.31 13:01:24 +05'30'

Enclave,Dharamdas Road,Babhai Naka,Borivali West,Mumbai,Mumbai,Maharashtra-400092, Prakash pseudonym=d4d38661cec6bdbef3e320bc7c82c225, serialNumber=a6a7b16142585643142b21f97 1f8021f27d0b51b16c75aa5a30b4acceed8c36 0, o=Personal, cn=Darshit Prakash Parikh, title=0505 Parikh Date: 2021.12.31 13:01:24 +05'30' Darshit Parikh Company Secretary