HCC raises Rs 497.60 crore via rights issue

Hindustan Construction Company (HCC) has raised funds worth Rs 497.60 crore through a rights issue. The issue was oversubscribed with HCC getting applications worth Rs 551.38 crore for sale through which it would issue up to 49.75 crore equity shares. With this the paid-up equity capital of the company will go up Rs 151.30 crore … Read more