Rs 13,152 Crore Order Book: HCC Share Price Jumps Over 14% as Board Clears Rs 999.99 Crore Rights Issue; Record Date on December 5

Shares of Hindustan Construction Company (HCC) jumped over 14 per cent after the company announced the approval of its Rs 999.99 crore Rights Issue. As of 11:43 AM, the stock was trading at Rs 26.93 per share, up 12.24 per cent.

HCC’s Securities Issuance Committee finalised the terms of the Rights Issue at its meeting held on December 1, 2025. This follows the Committee’s earlier approval on November 26, 2025, permitting the offering of Rights Equity Shares for an amount not exceeding Rs 1,000 crore.

The Rights Issue will consist of 79,99,91,900 fully paid-up equity shares, aggregating to approximately Rs 999.99 crore on full subscription. Each share is priced at Rs 12.50, including a premium of Rs 11.50 over the face value of Rs 1. The price is fully payable on application, enabling shareholders to increase their stake at a discounted valuation.

HCC has set December 5, 2025, as the Record Date to determine eligible shareholders. The Rights Entitlement Ratio has been fixed at 277 Rights Equity Shares for every 630 fully paid-up equity shares held on the Record Date.

The Rights Issue will open on December 12, 2025, and close on December 22, 2025. Shareholders can renounce their entitlements within this period, with the last date for on-market renunciation set for December 17, 2025, and off-market renunciation permitted until December 19, 2025. The company may extend the issue period if required, but the total duration cannot exceed 30 days from the opening date. Applications cannot be withdrawn after the issue closes.

Upon full subscription, HCC’s total outstanding equity shares will increase from 1,81,94,76,162 to 2,61,94,68,062. The expanded equity base highlights the company’s efforts to strengthen its capital structure and support future growth plans.

Disclaimer: The article is for informational purposes only and not investment advice.