Hindustan Construction Company Limited — Others, 12-08-2025: Shareholders meeting

Hindustan Construction Company (HCC) conducted its 99th Annual General Meeting virtually, where shareholders approved several key proposals. The audited standalone and consolidated financial statements for the financial year ended March 31, 2025, were adopted. Shareholders also approved a revised remuneration for Non-Executive Chairman Mr. Ajit Gulabchand and appointed Mr. Arjun Dhawan as Vice Chairman & Managing Director. Crucially, the company received approval to enhance its borrowing limits, authorize creation of security interests, increase its authorised share capital, and issue new securities. All proposed resolutions passed with the necessary majority, paving the way for future financial flexibility and strategic initiatives.