Description
Record date set for rights issue of 277 equity shares for every 630 shares held at Rs.12.50 per share. Ex-rights basis trading effective from December 5, 2025.
Summary
Hindustan Construction Co. Ltd. (Scrip Code: 500185) has fixed the record date for its rights issue of equity shares. The company will issue 277 equity shares of Re.1/- each at a premium of Rs.11.50 per share (total price Rs.12.50 per share) for every 630 equity shares held. Trading on ex-rights basis commences from December 5, 2025.
Key Points
- Rights ratio: 277 new equity shares for every 630 existing shares held
- Face value: Re.1/- per share
- Premium: Rs.11.50 per share
- Issue price: Rs.12.50 per share (payable on application)
- Scrip code: 500185
- Settlement number: DR-771/2025-2026
Corporate Action Details
Issue Structure:
- Equity shares of Re.1/- each issued at Rs.12.50 per share
- Rights entitlement ratio: 277:630
- Full payment required on application
Trading Implications:
- Shares will trade on ex-rights basis from December 5, 2025
- Trading members must ensure proper settlement accounting
Important Dates
- Record Date: December 5, 2025
- Ex-Rights Date: December 5, 2025
- Circular Date: December 3, 2025
Impact Assessment
For Shareholders:
- Existing shareholders as of record date will be eligible to participate in the rights issue
- Opportunity to acquire additional shares at Rs.12.50 per share
- Rights entitlement calculated based on holdings on record date
For Market:
- Stock will trade ex-rights from December 5, 2025
- Share price may adjust to reflect the rights issue discount
- Trading members must process transactions on ex-rights basis
Dilution Impact:
- Ratio of 277:630 represents approximately 43.97% additional shares relative to existing holdings
- Dilution will occur for non-participating shareholders
Impact Justification
Standard rights issue affecting existing shareholders with clear record date and pricing. Medium impact as it affects trading basis and shareholder entitlements.