Ducon Infratechnologies board fixes record date for bonus issue; Stock gains 3%

6 Apr 2022 , 09:17 AM

Ducon Infratechnologies Ltd has informed that the Board of Directors at its meeting held on April 05, 2022, has inter-alia considered and approved the business matters.

The Board of Directors has fixed the record date as Friday, April 15, 2022 for the purpose of ascertaining the eligibility of shareholders entitled for issue of Bonus Shares in the ratio of 1 Equity Share of Re. 1/- each for every 10 (Ten) Equity Shares of Re. 1/- each, for which the Company has obtained shareholders approval on Sunday, April 03, 2022.

The Board Meeting commenced at 6.30 p.m. and concluded at 6.48 p.m.

At around 9:17 AM, Ducon Infratechnologies was trading at Rs24.90 per piece higher by 3.11% on the BSE.