Hindustan Construction Company Ltd approves terms of rights issue

The Securities Issuance Committee of the Board of Directors of Hindustan Construction Company Limited, at its Meeting held today, i.e. December 1, 2025 has, considered and approved the following terms of the Rights Issue:

a. Total number of Rights Equity Shares and Rights Issue size: 79,99,91 ,900 Rights Equity Shares each for an amount aggregating to Rs. 999.99 Crore (assuming full subscription).

b. Rights Issue Price: Rs.12.50 per Rights Equity Share (including a premium of Rs. 11 .50 per Rights Equity Share) payable on application

c. Rights entitlement ratio: The Rights Equity Shares are being offered on a Rights basis to Eligible Equity Shareholders in the ratio of 277 Rights Equity Shares for every 630 fully paid-up Equity Shares held on the record date.

d. Record date: Friday December 5, 2025 for determining the shareholders eligible to apply for the equity shares in the Rights Issue.

e. Rights Issue period:

1. Rights Issue Opening Date: Friday, December 12, 2025
2. Last Date for On Market Renunciation of Rights Entitlements: Wednesday, December 17, 2025
3. Last Date for Off Market Renunciation: Friday, December 19, 2025
4. Rights Issue Closing Date: Monday, December 22, 2025*

Shares of Hindustan Construction Company Limited was last trading in BSE at Rs. 24.05 as compared to the previous close of Rs. 23.89. The total number of shares traded during the day was 2809674 in over 4876 trades.

The stock hit an intraday high of Rs. 26.29 and intraday low of 23.90. The net turnover during the day was Rs. 70838794.00.

Source : Equity Bulls

Keywords

HindustanConstructionCompany INE549A01026 HCC Construction Engineering FundRaising RightsIssue