Hindustan Construction Company Rights Issue 2024 FAQ's

₹350.00 Crores | Listing at BSE, NSE | Tue, Mar 26, 2024 - Fri, Apr 5, 2024

Hindustan Construction Company Limited Rights Issue Date 2026 & Price FAQs

The timetable for Hindustan Construction Company Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsTue, Apr 2, 2024
Issue Opening DateTue, Mar 26, 2024
Issue Closing DateFri, Apr 5, 2024
Date of Allotment (on or about)Tue, Apr 16, 2024
Date of Credit (on or about)Thu, Apr 18, 2024
Date of Listing (on or about)Fri, Apr 19, 2024

Hindustan Construction Company Rights Issue 2024 price is set at ₹21 per share. The Hindustan Construction Company Rights Issue 2024 opens on Tue, Mar 26, 2024, and closes on Fri, Apr 5, 2024, for the subscription.

The allotment of Hindustan Construction Company Rights Issue 2024 is expected to happen on or about April 16, 2024 as per the issue schedule.

Hindustan Construction Company Rights Issue 2024 is expected to list on or around April 19, 2024.

The credit of Hindustan Construction Company Rights Issue 2024 in Demat account is expected on or about April 18, 2024 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:

1. Funding long-term working capital requirements of the Company; and

2. General corporate purposes.

It is difficult to predict the exact listing price of Hindustan Construction Company Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Hindustan Construction Company Limited which could help you with questions like whether to subscribe or not. Consider reading Hindustan Construction Company Limited reviews and analysis from experts posted on the Rights Issue detail page.