Description

HINDUSTAN CONSTRUCTION CO. LTD. has fixed the record date for rights issue of equity shares at a ratio of 277 shares for every 630 shares held at Rs.12.50 per share.

Summary

HINDUSTAN CONSTRUCTION CO. LTD. (BSE Code: 500185) has announced a rights issue of equity shares with the record date set for December 5, 2025. Existing shareholders will be entitled to 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 in the company’s equity shares will be conducted on an ex-rights basis from December 5, 2025 (Settlement No. DR-771/2025-2026).

Key Points

  • Company: HINDUSTAN CONSTRUCTION CO. LTD. (BSE Code: 500185)
  • 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)
  • Record date: December 5, 2025
  • Ex-rights date: December 5, 2025
  • Settlement number: DR-771/2025-2026
  • Segment: Dematerialised Securities – Rolling Settlement

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action announcement for a rights issue.

Compliance Requirements

  • Trading members must ensure that all transactions in HINDUSTAN CONSTRUCTION CO. LTD. equity shares are conducted on an ex-rights basis from December 5, 2025
  • Trading members are required to take note of the record date and settlement arrangements
  • The entire issue price of Rs.12.50 per rights share must be paid on application

Important Dates

  • Record Date: December 5, 2025 - Shareholders on record will be eligible for the rights issue
  • Ex-Rights Date: December 5, 2025 - Trading begins on ex-rights basis
  • Settlement Number: DR-771/2025-2026
  • Notice Date: December 3, 2025

Impact Assessment

Market Impact: The rights issue will result in dilution for existing shareholders who do not participate. The ex-rights trading from December 5, 2025, will adjust the share price to reflect the rights entitlement.

Shareholder Impact: Existing shareholders as of the record date will have the opportunity to subscribe to additional shares at Rs.12.50 per share. The rights ratio of 277:630 (approximately 44% of holdings) represents a significant capital raising effort by the company.

Operational Impact: Trading members must ensure proper systems and processes are in place to handle ex-rights trading from December 5, 2025, and to process rights entitlements for eligible shareholders.

Impact Justification

Standard rights issue announcement affecting existing shareholders of HINDUSTAN CONSTRUCTION CO. LTD. with defined record date and subscription terms.