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Management change

Ducon Infratechnologies Independent Director Maruti Deore retires

Ducon Infratechnologies (DUCON) said Maruti Deore, Independent Director, has retired; and Sandip Anandrao Sutar has been appointed; and Anil Rajmal Bhandari has been appointed; and Prakash Vaghela has been appointed. The company is valued at about ₹81.63…

BCEIE News Desk · Published 29 Sept 2026, 09:35 pm IST · Filing received 29 Sept 2026, 09:20 pm IST

What happened

Ducon Infratechnologies (DUCON) told the exchanges on 29 September 2026 at 09:20 PM that Maruti Deore, Independent Director, has retired; and Sandip Anandrao Sutar has been appointed; and Anil Rajmal Bhandari has been appointed; and Prakash Vaghela has been appointed.

From the filing: "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 2.Appointment of Mr."

Company snapshot

Ducon Infratechnologies is a micro-cap company, with a market value of about ₹81.63 crore.

The stock last traded at ₹1.42, against a 52-week range of ₹1.15–₹5.77 (75.4% below the high).

Before this filing the shares had moved −28.0% over the month and −53.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.58 crore.

Promoters held 38.08% at the end of Q2 FY27.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2611200.1
Q2 FY2611300.11
Q3 FY269400.07
Q4 FY2610000.06
Q1 FY2710400.07

What history shows

BCEIE's records show 2 previous management change filings from the company since May 2026.

After those filings, the stock fell 5.8% on average the next trading day and was down 10.2% on average after five days (2 filings with price data).

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
2 Sept 2026Management change−7.7%−14.4%
29 May 2026Re-Appointment of N H S & Associates as Other of the company w.e.f.…−4.0%−5.9%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.