Hindustan Construction Company Ltd. has filed its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate, submitted on April 6, 2026, fulfills the company's regulatory obligations regarding securities transactions during Q4FY26.

Regulatory Compliance Certificate

The certificate was issued in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide details of securities that have been dematerialized or rematerialized during each quarter to relevant stock exchanges and depositories.

Submission Details

The company confirmed that all required details of securities dematerialized and rematerialized during Q4FY26 have been furnished to stock exchanges where Hindustan Construction Company's shares are listed. The certificate was digitally signed by Company Secretary Nitesh Kumar Jha on April 6, 2026.

Recipients of the Certificate

The compliance certificate was submitted to multiple regulatory and market infrastructure institutions:

• BSE Limited - Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
• National Stock Exchange of India Ltd. - Exchange Plaza, Bandra-Kurla Complex, Mumbai
• National Securities Depository Ltd. - Naman Chamber, Bandra Kurla Complex, Mumbai
• Central Depository Services (India) Ltd. - Marathon Futurex, Lower Parel, Mumbai

Corporate Governance

This quarterly filing demonstrates Hindustan Construction Company's adherence to SEBI's regulatory framework for listed companies. The timely submission of the certificate ensures compliance with depositories and participants regulations, maintaining transparency in securities transactions and corporate governance standards.

Hindustan Construction Company Limited has completed the assignment of arbitration awards valued at ₹1,979.09 crore to its wholly owned subsidiary HCC Contract Solutions Limited. The transaction was formalized through a Deed of Assignment executed on March 31, 2026, as part of the company's strategy to pursue arbitration awards more efficiently and maximize recovery value.

Transaction Details and Approvals

The assignment follows a structured approval process that began with Board resolutions passed on December 4, 2024, and shareholder approval at an Extra-Ordinary General Meeting held on March 13, 2025. These approvals empowered the Board and its Authorisation Committee to identify special purpose vehicles and determine the optimal method for transferring arbitral awards.

The Authorisation Committee approved the transaction in its meeting held on February 12, 2026, specifically authorizing the sale, transfer, and assignment of economic and beneficial interest in existing arbitration awards to the subsidiary.

About HCC Contract Solutions Limited

HCC Contract Solutions Limited, the recipient entity, was incorporated in 2009 and operates as a specialized subsidiary focused on claims management and dispute resolution. The company's core business activities include:

• Arbitration and litigation proceedings on behalf of clients
• Claims management and dispute resolution services
• Legal proceedings facilitation and settlement enforcement
• Financial, tax, HR, and corporate consultancy services

The subsidiary reported total income of ₹ Nil and a net worth of ₹ (0.01) crore as part of the company's consolidated financials.

Regulatory Compliance and Disclosures

The transaction has been disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Key regulatory aspects include:

The company has confirmed that the transaction does not constitute a related party transaction and that the buyer does not belong to the promoter or promoter group, despite being a wholly owned subsidiary.

Strategic Rationale

The assignment represents Hindustan Construction Company's strategic approach to optimize the recovery of arbitration awards through focused management. By transferring these awards to a specialized subsidiary with expertise in claims management and dispute resolution, the company aims to enhance the efficiency of award pursuit and maximize recovery value. The net transfer value of ₹ Nil reflects the offsetting nature of the award value against corresponding advance liabilities.