Hindustan Construction Company Limited Rights Issue (Hindustan Construction Company Rights Issue 2025) Detail

Rights Issue Timetable

Established in 1926 and headquartered in Mumbai, Hindustan Construction Company Limited (HCC) is an Indian engineering and construction enterprise with a legacy of delivering large, complex infrastructure projects across the transport, power, water, and industrial sectors. The company is recognised as one of the oldest infrastructure development players in India, with a strong track record on landmark national projects.

The company's operations are organised around its core Engineering and Construction (E& C) business, supported by infrastructure development and real estate activities through group entities. This structure enables HCC to participate across the project lifecycle- from design and construction to long‑term infrastructure development- while reporting primarily as a single E&C-focused operating segment.

As of March 31, 2025, HCC reported an order backlog of approximately ₹11,800 crore, reflecting a healthy pipeline across transport, power, and water sectors in India and select international markets. Subsequent order inflows, including metro and industrial projects, have further supported the company's order book momentum and long‑term revenue visibility.

Objects of the Issue:

The Company intends to utilise the Net Proceeds from the Issue towards funding of the following objects:

1. Repayment and/ or pre-payment, in whole or in part, of certain outstanding borrowings availed by the Company;
2. Investment in the Joint Venture, Prolific Resolution Private Limited, for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by Prolific Resolution Private Limited;
3. Augmenting the working capital requirements of the Company;
4. General Corporate Purposes.