Hindustan Construction Company (HCC) has received an approval for the issue of equity shares of the company by way of a rights issue to the existing shareholders. The rights issue will be for an overall amount not exceeding Rs 500 crore. The Board of Directors of the company at their meeting held on September 5, 2018, approved the same.
HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.
