AGM/EGM18 Aug 2026, 04:50 pm
HCC Approves ₹100 Cr Increase in Authorised Share Capital
AI Summary
Hindustan Construction Company Ltd (HCC) announced that its members, at the 1001st Annual General Meeting held on August 18, 2026, approved an increase in the company's authorised share capital. The capital has been raised from ₹300 crore to ₹400 crore. This involves an increase in equity shares from 290 crore to 390 crore, while the number of redeemable preference shares remains at 1 crore. Consequently, Clause V of the Memorandum of Association has been altered to reflect this change. The disclosure was made in compliance with SEBI Listing Regulations.
Key Highlights
- Authorised share capital increased by ₹100 crore.
- Total authorised capital now stands at ₹400 crore.
- Equity share count increased to 390 crore.
- Memorandum of Association clause amended.
- Approval obtained at the 1001st AGM.
Price Impact
More from HCC