Archive · 2 Dec 2025
HCC Shares Surge 14% After Rs 1,000 Crore Rights Issue Approval
Hindustan Construction Company (HCC) shares went up by 14.18% to Rs 27.46 after the company's board decided to raise Rs 1,000 crore by selling new shares to existing shareholders.
This is called a rights issue, where current shareholders can buy new shares at a discount of 54.48% from the highest price on the day.
The record date to be eligible for this is December 5, and shareholders can subscribe to these new shares from December 12 to December 22.
This helps the company get more money without taking on more debt.
HCC shares surged 14.18% to Rs 27.46 after the board approved a Rs 1,000 crore rights issue.
The rights issue involves 79.99 crore equity shares at Rs 12.5 per share, a 54.48% discount to the day's high.
Eligible shareholders will receive 277 rights equity shares for every 630 shares held as of the record date, December 5.
The subscription window for the rights issue is from December 12 to December 22.
Shareholders can renounce their rights by December 17 for on-market and by December 19 for off-market renunciations.
- Who
- Hindustan Construction Company Ltd (HCC)
- What
- Approved a Rs 1,000 crore rights issue of equity shares
- When
- Board approved on November 26, 2025; record date is December 5, 2025
- Where
- India
- Why
- To raise capital without increasing debt burden
- Company
- Hindustan Construction Company Ltd (HCC)
- Share Price Increase
- 14.18%
- Highest Share Price
- Rs 27.46
- Rights Issue Amount
- Rs 1,000 crore
- Rights Issue Price
- Rs 12.5 per share
- Discount on Rights Issue
- 54.48%
- Record Date
- Friday, December 5
- Subscription Window
- December 12 to December 22