HCG board approves rights issue of up to Rs 4,250 crores

Corporate Actions View source PDF Explain this filing

HCG · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.0%Reaction day

₹579.00

prior close

₹585.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%+2.7% vs market

Hospital peers, median of 25sector+0.0%+3.0% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 3.0 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.5

15m

-1.0

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+0.3+2.7+0.0+3.0

Next day

+1.7-1.1+2.9-0.6+2.3

+1.3-1.3+2.6-0.9+2.2

+2.0-1.1+3.1-0.6+2.6

+0.5-2.4+2.9-1.1+1.6

+0.4-2.2+2.6-1.0+1.4

-0.5-3.0+2.5-1.0+0.5

15d

-3.3-7.5+4.2-5.1+1.8

-2.8-7.4+4.7-5.9+3.1

-1.5+1.9-3.4+0.3-1.8

+9.5+3.6+5.9+4.0+5.5

UpDownMarket · Nifty Microcap 250Sector · Hospital peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HCG board has approved a rights issue of fully paid-up equity shares of face value Rs 10 each, for an amount not exceeding Rs 42,500 lakhs (about Rs 4,250 crores). Eligible shareholders on the record date will be offered these shares. The issue price, entitlement ratio, and record date are yet to be decided by the Board or its Rights Issue Committee. The fundraising will happen under SEBI ICDR Regulations and is subject to further approvals.

Likely market impact

Existing shareholders can participate; watch for dilution and terms once record date and issue price are announced.