HCC share price, Dec. 2 -- Hindustan Construction Company (HCC) share price surged 14.2% on Tuesday after the company announced the record date for its upcoming rights issue, boosting investor sentiment. In an exchange filing, the company confirmed that Friday, December 5, 2025, has been set as the record date for determining shareholders eligible to participate in the fundraising.
HCC's board has approved the issuance of 79.99 crore rights equity shares to raise Rs.1,000 crore, marking a crucial capital-raising exercise for the infrastructure major. The rights issue price has been fixed at Rs.12.5 per share, reflecting a steep 48% discount to HCC's closing price on Monday.
Under the proposed structure, existing shareholders will receiv...
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