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Hindustan Construction Co. Ltd. ( (IN:HCC) ) has issued an announcement.
Hindustan Construction Company Limited has announced a Rights Issue to raise up to Rs. 1000 Crore through the issuance of fully paid-up equity shares. The Rights Issue, approved by the Securities Issuance Committee, offers shareholders 79,99,91,900 Rights Equity Shares at a price of Rs. 12.50 per share, with a record date set for December 5, 2025. This move aims to strengthen the company’s capital base and support its growth initiatives, potentially impacting its market position and providing opportunities for current shareholders to increase their holdings.
More about Hindustan Construction Co. Ltd.
Hindustan Construction Company Limited operates in the construction industry, focusing on infrastructure development. The company is known for its expertise in engineering and construction services, catering to sectors such as transportation, power, and water.
Average Trading Volume: 970,436
Technical Sentiment Signal: Sell
Current Market Cap: 43.47B INR
See more insights into HCC stock on TipRanks’ Stock Analysis page.