HCC ₹1000 Crore Rights Issue Subscribed 200% by Shareholders
Hindustan Construction Company Limited (HCC) announced the successful completion of its Rights Issue, which was subscribed 200%. The issue garnered applications aggregating to ₹2008 crore against an I...
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Why is Hindustan Construction Company Limited in the news today?
Hindustan Construction Company Limited (HCC) is in the news due to the rights issue was oversubscribed by 200%, indicating strong investor confidence and support, which will strengthen the company's balance sheet.
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HCC ₹1000 Crore Rights Issue Subscribed 200% by Shareholders
December 23, 2025, 07:12 AM
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Hindustan Construction Company Limited (HCC) announced the successful completion of its Rights Issue, which was subscribed 200%. The issue garnered applications aggregating to ₹2008 crore against an Issue size of approximately ₹999.99 crore.
The company will retain proceeds equivalent to the Issue size, and the balance amount will be refunded to investors. Mr. Arjun Dhawan, Vice Chairman & Managing Director, expressed gratitude to shareholders for their support, stating that the response strengthens the company's balance sheet, supports deleveraging, and aligns with its long-term growth strategy.
Following the Rights Issue, the number of Equity Shares will increase by 79,99,91,900 shares, from 1,81,94,76,162 shares to 2,61,94,68,062 shares. The paid-up share capital will increase by ₹199.99 crore, from ₹181.94 crore to ₹261.94 crore. The equity shares will be allotted to eligible applicants as per the basis of allotment finalized in consultation with BSE Limited.
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