Back

Corporate News
Hindustan Construction Company update on proposed rights issue As on : 02-Dec-25  09:45

Hindustan Construction Company announced the terms of rights issue as under:

  • 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).
  • Rights Issue Price: Rs.12.50 per Rights Equity Share (including a premium of Rs. 11.50 per Rights Equity Share) payable on application
  • 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.
  • Record date: Friday December 5, 2025 for determining the shareholders eligible to apply for the equity shares in the Rights Issue.

Rights Issue period:

  • Rights Issue Opening Date: Friday, December 12, 2025
  • Last Date for On Market Renunciation of Rights Entitlements: Wednesday, December 17, 2025
  • Last Date for Off Market Renunciation: Friday, December 19, 2025
  • Rights Issue Closing Date: Monday, December 22, 2025

Outstanding Equity Shares:

  • Prior to the Rights Issue: 1,81 ,94,76,162 Equity Shares of the Company;
  • Post Rights Issue: 2,61 ,94,68,062 Equity Shares of the Company

Powered by Capital Market - Live News