ALPHA TRIBE

Hindustan Construction Company LimitedOthers, 21-07-2025: Shareholders meeting

21-07-2025 | 06:04 pm

HCC has announced its 99th Annual General Meeting to approve key resolutions. The company plans to revise its Non-Executive Chairman's remuneration downwards to ₹1.5 Cr. Arjun Dhawan is proposed as Vice Chairman & Managing Director with initial annual pay of ₹9 Cr. Crucially, borrowing limits will increase to ₹12,500 Cr, mainly for non-fund based facilities and working capital. The company also seeks to raise its authorized share capital and issue new securities up to ₹1,500 Cr for working capital, capital expenditure, investments, and debt management. This move provides headroom for future growth and strengthens the balance sheet.

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