Description
HINDUSTAN CONSTRUCTION CO. LTD. has fixed December 5, 2025 as the record date for rights issue of 277 equity shares for every 630 equity shares held at Rs.12.50 per share.
Summary
Hindustan Construction Co. Ltd. (Scrip Code: 500185) has announced a rights issue of equity shares with December 5, 2025 as the record date. Eligible shareholders will be offered 277 equity shares of Re.1/- each for every 630 equity shares held, at an issue price of Rs.12.50 per share (including a premium of Rs.11.50). Trading on ex-rights basis will commence from December 5, 2025 (Settlement No. DR-771/2025-2026).
Key Points
- Company: Hindustan Construction Co. Ltd. (Scrip Code: 500185)
- Rights ratio: 277 equity shares for every 630 equity shares held
- Face value: Re.1/- per share
- Premium: Rs.11.50 per share
- Issue price: Rs.12.50 per share (payable on application)
- Ex-rights trading begins: December 5, 2025
- Settlement number: DR-771/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must execute all transactions in the equity shares of Hindustan Construction Co. Ltd. on ex-rights basis from December 5, 2025
- Trading members are required to take note of the record date and ensure proper settlement procedures
Important Dates
- Record Date: December 5, 2025
- Ex-Rights Date: December 5, 2025
- Settlement Number: DR-771/2025-2026
- Notice Date: December 3, 2025
Impact Assessment
Shareholder Impact: Existing shareholders holding shares as of the record date will be eligible to subscribe to the rights issue at the ratio of 277:630. Non-participation will result in dilution of their shareholding percentage.
Market Impact: The stock will trade ex-rights from December 5, 2025, which typically results in a price adjustment reflecting the value of the rights entitlement. The issue price of Rs.12.50 represents the pricing at which existing shareholders can acquire additional shares.
Company Impact: This rights issue represents a capital raising exercise for Hindustan Construction Co. Ltd., which will increase the company’s equity capital base upon successful subscription and allotment.
Impact Justification
Standard rights issue announcement affecting existing shareholders. Medium impact as it dilutes shareholding for non-participants and provides capital raising opportunity for the company.