Key Event Details

The Board of Directors of HCC Infrastructure Company Limited (HICL), a Wholly Owned Subsidiary of Hindustan Construction Company Limited, at its meeting held on September 17, 2026, approved the proposal to incorporate a public limited company jointly with Ceigall India Limited. The new company will be named "HC Concessions Limited" or such other name as may be approved by the Registrar of Companies, Mumbai.

Investment Structure

HICL will subscribe to 51% of the paid-up Equity Share Capital with a capital contribution of ₹51,000 (Rupees Fifty-One Thousand Only). This represents subscription to 5,100 Equity Shares of ₹10 each.

Corporate Structure

The new entity will be a step-down subsidiary of Hindustan Construction Company Limited, with HICL being its holding company and wholly owned subsidiary of HCC.

Business Scope of New Entity

HC Concessions Limited will undertake infrastructure development business in India and abroad, including:

  • Builders, contractors, promoters, operation and maintenance operators
  • Developers of all types of infrastructural facilities
  • Roads/highways/expressways, bridges, river crossings, waterways
  • Buildings, residential and commercial townships, hotels, recreation parks
  • Power stations (hydel, thermal, wind, solar, waste, geothermal, nuclear)
  • Telecommunications, waterworks, irrigation systems, dams, tunnels
  • Ports, container terminals, docks, harbours, seaports, airports
  • City gas distribution, water distribution, hydrocarbon transmission pipelines
  • Urban infrastructure projects, parking facilities

Business Models

The company will operate on various models including Build-Own-Operate (BOO), Build-Own-Transfer (BOT), Hybrid Annuity Model (HAM), Build-Own-Operate-Maintain (BOOM), Build-Own-Operate-Transfer (BOOT), Design-Build-Finance-Operate (DBFO), and Build-Operate-Lease-Transfer (BOLT).

Counterparties

The company will work with Government of India, State Governments, Semi-Government authorities, Municipal/Local Authorities, Corporate Bodies, and other authorities in India or abroad.

Regulatory Approvals

No governmental or regulatory approvals are required for this acquisition as per the disclosure.

Consideration Type

The subscription is through cash consideration only.

Disclosure Reference

The filing is made pursuant to SEBI Master Circular No. H0/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.