Hindustan Construction to weigh equity share rights issue
Hindustan Construction Company Limited (HCC) announced a meeting of its Securities Issuance Committee on November 26, 2025, in Mumbai. The primary agenda is to consider and approve a proposal for capital raising through the issuance of fully paid-up equity shares via a rights issue. This follows prior authorization from the board of directors on May 8, 2025, and November 6, 2025, to raise funds up to an aggregate amount not exceeding Rs. 1500 Crore through various instruments or securities.
The decision to proceed with the rights issue is subject to applicable legal, regulatory, and statutory approvals. The board had also authorized the Securities Issuance Committee to determine the specifics of the fund-raising, a decision further approved by company members at their annual general meeting on August 12, 2025.
In accordance with the company's code of conduct for prevention of insider trading, the trading window for dealing in HCC's securities is currently closed for designated persons. The closure commenced on Saturday, November 22, 2025, and will remain in effect until Thursday, December 4, 2025. This intimation is issued per regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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