Hindustan Construction completes major equity share allotment
Hindustan Construction Company Limited (HCC) has announced the successful allotment of 799,991,900 equity shares at a price of ₹12.50 per share, which includes a premium of ₹11.50 per share. This allotment was approved by the securities issuance committee of the board of directors on December 23, 2025.
The allotment was conducted on a rights basis for eligible shareholders and/or renouncees, as per the terms outlined in the letter of offer. Consequently, HCC's paid-up equity share capital has increased from ₹1,819.48 million to ₹2,619.47 million. This issuance was previously approved by the committee on December 1, 2025, along with the letter of offer.
This transaction falls under the category of a rights issue, and disclosures are made in accordance with SEBI master circular dated November 11, 2024. No cancellation or termination of the proposal for issuance of securities occurred.
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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