Ducon Infratechnologies MD, chairman, board of directors and AGM
NSE: DUCONBSE: 534674Industrial ManufacturingSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1.31.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹73 Cr2,850th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 7.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 6.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 7.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.63
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,28,32082.9% delivered
Ducon Infratechnologies board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorARUN GOVIL
- Company Secretary and Compliance OfficerSnehal Sawant
7 directors4 independent2 executive1 non-executive
- ARUN GOVIL · Chairperson and managing directorExecutive · joined Sep 2015 · reappointed Sep 2025 · 1 listed board
- RATNA VIKRAM JHAVERIIndependent · joined Feb 2017 · reappointed Sep 2022 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- PRAKASH VAGHELAIndependent · joined Feb 2021 · reappointed Sep 2021 · 60 months as independent · 6 listed boards · 6 as independent · 8 committee seats, 3 as chair
- JINESH SHAHIndependent · joined Feb 2021 · reappointed Sep 2021 · 60 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- MARUTI DEORENon-executive · joined Nov 2021 · reappointed Apr 2022 · 60 months as independent · 0 listed boards
- APEKSHA AGIWALIndependent · joined Jul 2023 · reappointed Sep 2023 · 60 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
- VANDANA GOVILExecutive · joined Mar 2026 · reappointed Mar 2026 · 0 listed boards
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- HARISH SHETTY, left 25 Mar 2026: Others
- Chandrasekhar Ganesan, left 31 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Jun 20264 of 7 present3 independent · 13 days in between
- 29 May 20265 of 7 present4 independent · 33 days in between
- 25 Apr 20265 of 7 present4 independent · 25 days in between
- 30 Mar 20266 of 7 present4 independent · 45 days in between
1 earlier meeting
- 12 Feb 20266 of 7 present4 independent
Audit Committee
Chair RATNA VIKRAM JHAVERI
JINESH SHAH, APEKSHA AGIWAL, PRAKASH VAGHELA
- 12 Jun 20262 of 4 present2 independent · 13 days in between
- 29 May 20263 of 4 present3 independent · 33 days in between
- 25 Apr 20264 of 4 present4 independent · 71 days in between
- 12 Feb 20263 of 4 present3 independent
Nomination and remuneration committee
Chair PRAKASH VAGHELA
RATNA VIKRAM JHAVERI, JINESH SHAH, APEKSHA AGIWAL
- 30 Mar 20264 of 4 present4 independent
Stakeholders Relationship Committee
Chair RATNA VIKRAM JHAVERI
PRAKASH VAGHELA, JINESH SHAH, APEKSHA AGIWAL
- 12 Feb 20263 of 4 present3 independent
Corporate Social Responsibility Committee
Chair PRAKASH VAGHELA
JINESH SHAH, APEKSHA AGIWAL
- 29 May 20262 of 3 present2 independent · 105 days in between
Right Issue committee
- 12 Jun 20262 of 3 present1 independent · 47 days in between
- 25 Apr 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Hitesh Shah and AssociatesPeer-review certificate valid to Nov 2026
1 earlier auditor
- Hitesh Shah & AssociatesNamed in the filing for the quarter to Sep 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Ducon Infratechnologies AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Ducon Infratechnologies share news and announcements
Annual general meeting, 28 Sep 2026
74,196 shareholders on the register on 21 Sep 2026; present: 1 promoter and 45 others; votes counted by CS Sachin Bidkar / CS Sachin Bidkar.The company's voting result (opens in a new tab)
To consider and adopt the audited Standalone and Consolidated Financial statements of the Company for the Fnancial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors thereon; and in this regard.MoreLess
Ordinary99.93% for0.07% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 39.92% · promoters 100.00% · institutions 0.00% · other public 2.97%
To note that Mr. Maruti Deore (DIN: 02780312), Non-Executive Non Independent Director, liable to retire by rotation, does not seek re-election as a Director of the Company and the company is not appointing any other person to fill the casual vacancy.MoreLess
Ordinary99.93% for0.07% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.49%
Turnout: all 39.92% · promoters 100.00% · institutions 0.00% · other public 2.97%
- Appointment of Mr. Sandip Anandrao Sutar (DIN: 08081182), as an Independent DirectorSpecial99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 1.85%
Turnout: all 39.92% · promoters 100.00% · institutions 0.00% · other public 2.97%
- Appointment of Mr. Anil Rajmal Bhandari (DIN: 11917123), as an Independent DirectorSpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 39.92% · promoters 100.00% · institutions 0.00% · other public 2.97%
- Re-appointment of Mr. Prakash Vaghela (DIN-07768595), as Non-Executive Independent Director of the CompanySpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 39.92% · promoters 100.00% · institutions 0.00% · other public 2.97%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 20 May 2026, 3 resolutions
73,061 shareholders on the register on 13 May 2026; present: 1 promoter and 34 others; votes counted by Jay Pandya / Jay Pandya & Associates.The company's voting result (opens in a new tab)
- Increase in Authorised Share Capital and Alteration of the Capital clause in Memorandum of Association of the CompanyOrdinary99.61% for0.39% against
Against: promoters 0.00% · institutions 0.00% · other public 3.52%
Turnout: all 42.79% · promoters 100.00% · institutions 0.00% · other public 7.60%
- CONVERSION OF UNSECURED LOAN OF MANAGING DIRECTOR – CUM – PROMOTER INTO EQUITY SHARES OF THE COMPANYSpecialPromoters have an interest in it99.63% for0.37% against
Against: promoters 0.00% · institutions 0.00% · other public 3.33%
Turnout: all 42.79% · promoters 100.00% · institutions 0.00% · other public 7.60%
- Appointment of Ms. Vandana Anandilal Govil (DIN: 10174110) as Executive Director of the Company.OrdinaryPromoters have an interest in it99.60% for0.40% against
Against: promoters 0.00% · institutions 0.00% · other public 3.60%
Turnout: all 42.79% · promoters 100.00% · institutions 0.00% · other public 7.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2025, 5 resolutions
73,901 shareholders on the register on 23 Sep 2025; present: 1 promoter and 51 others; votes counted by Shruti Shah / Shruti Shah.The company's voting result (opens in a new tab)
- Adoption of Audited Standalone and Consolidated Financial statements of the Company for the Financial year ended 31st March, 2025, and the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 41.85% · promoters 100.00% · institutions 0.00% · other public 6.09%
- Appointment of Director in place of Mr. Arun Govil (DIN: 01914619), who retires from the office of director by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 41.85% · promoters 100.00% · institutions 0.00% · other public 6.09%
- Continuation and Re-Appointment of Mr. Arun Govil (DIN: 01914619) as a Managing Director upon attaining the age of Seventy yearsSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 41.85% · promoters 100.00% · institutions 0.00% · other public 6.09%
- Re-appointment of Mr. Harish Shetty (DIN: 07144684) as Executive Whole-time Director and Chief Financial Officer of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 41.85% · promoters 100.00% · institutions 0.00% · other public 6.09%
- Appointment of M/s. VRG & Associates, Practising Company Secretary as Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 41.85% · promoters 100.00% · institutions 0.00% · other public 6.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 3 resolutions
Present: 1 promoter and 31 others.The company's voting result (opens in a new tab)
To consider and adopt the audited Standalone and Consolidated Financial statements of the Company for the Financial year ended 31st March, 2024, and the reports of the Board of Directors and Auditors thereon.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 53.95% · promoters 96.21% · institutions 0.00% · other public 4.30%
- To Appoint Director in place of Mr. Harish Shetty (DIN: 07144684), who retires from the office of Director by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 53.95% · promoters 96.21% · institutions 0.00% · other public 4.30%
- Alteration of Object Clause in the Memorandum of Association of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 53.95% · promoters 96.21% · institutions 0.00% · other public 4.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 31 Mar 2024, 1 resolution
The company's voting result (opens in a new tab)
- Increase in the Authorised Share capital and consequent amendment to the Capital Clause of the Memorandum of Association of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 60.02% · promoters 96.22% · institutions 0.00% · other public 17.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2023, 6 resolutions
Present: 1 promoter and 30 others.The company's voting result (opens in a new tab)
To consider and adopt the audited Standalone and Consolidated Financial statements of the Company for the Financial year ended 31st March, 2023, and the reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.85% · promoters 100.00% · institutions 0.00% · other public 11.61%
- To appoint a Director in place of Mr. Chandrasekhar Ganesan (Din: 07144708), who retires from the office of Director by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 64.85% · promoters 100.00% · institutions 0.00% · other public 11.61%
- Appointment of Ms. ApekshaAgiwal (DIN: 10083559) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.85% · promoters 100.00% · institutions 0.00% · other public 11.61%
Approval for waiver of recovery of excess managerial remuneration paid to Mr. Harish Shetty (DIN-07144684), Executive Whole Time Director and Chief Financial Officer of the Company for Financial Year ended on 31stMarch, 2022 and 31stMarch, 2023.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 64.85% · promoters 100.00% · institutions 0.00% · other public 11.61%
Approval for waiver of recovery of excess managerial remuneration paid to Mr. Chandrasekhar Ganesan (DIN-07144708), Executive Whole Time Director of the Company for Financial Year ended on 31st March, 2022 and 31stMarch, 2023.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 64.85% · promoters 100.00% · institutions 0.00% · other public 11.61%
- Approval for revision of Remuneration of Mr. Harish Shetty (DIN: 07144684), Executive Whole Time Director and Chief Financial Officer of the Company.nnSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 64.85% · promoters 100.00% · institutions 0.00% · other public 11.61%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2022, 10 resolutions
Present: 1 promoter and 43 others.The company's voting result (opens in a new tab)
- 1. Adoption of Audited Consolidated and Standalone Financial Statement of the Company for the Financial year ended March 31, 2022, and the reports of the Board of Directors and auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
- 2. Appointment of Director in place of Mr. Arun Govil (DIN- 01914619), who retires from the office of Managing Director by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 3.63% · promoters 0.00% · institutions 0.00% · other public 14.00%
- 3. Appointment of Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
- 4. Re-appointment of Mr. Arun Govil (DIN- 01914619) as Managing Director of the CompanySpecialPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 3.63% · promoters 0.00% · institutions 0.00% · other public 14.00%
- 5. Re-appointment of Ms. Ratna Jhaveri (DIN:07732263) as Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
6. Further raising of funds through Investment in Equity Shares / Preference Shares / Issue of Foreign Currency Convertible Bonds and unsecured/ secured redeemable Non-Convertible/Convertible Debentures along with or without warrantsMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
7. Approval for waiver of recovery of excess managerial remuneration paid to Mr. Harish Shetty (DIN-07144684), Executive Director and Chief Financial Officer of the Company for Financial Year ended 31st March, 2020 and 31st March, 2021.MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
8. Approval for waiver of recovery of excess managerial remuneration paid to Mr. Chandrasekhar Ganesan (DIN-07144708), Executive Director of the Company for Financial Year ended 31st March, 2020 and 31st March, 2021.MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
- 9. Appointment of Mr. Harish Shetty (DIN: 07144684) as Whole-time Director and Chief Financial Officer of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
- 10. Appointment of Mr. Chandrasekhar Ganesan (DIN: 07144708) as Whole-time Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 77.72% · promoters 100.00% · institutions 0.00% · other public 14.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 3 Apr 2022, 4 resolutions
The company's voting result (opens in a new tab)
- Issue of Bonus SharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.21% · promoters 100.00% · institutions 0.00% · other public 26.82%
- Increase in Authorized Share Capital of the Company and consequent Alteration in Capital Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 78.21% · promoters 100.00% · institutions 0.00% · other public 26.82%
- Appointment of Mr. Maruti Deore (DIN: 02780312) as an Independent Director of the Company for a period of 5 yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 78.21% · promoters 100.00% · institutions 0.00% · other public 26.82%
- Appointment of Ms. Reema Shah (DIN: 09487913) as an Independent Director of the Company for a period of 5 yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 78.21% · promoters 100.00% · institutions 0.00% · other public 26.81%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.