Hindustan Construction Company Ltd (HCC) published a notice for its landmark 100th Annual General Meeting (AGM) in Business Standard (English) and Sakal (Marathi) on July 25, 2026. The publication fulfills disclosure requirements under Regulation 47 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, preceding the shareholder meeting scheduled for Tuesday, August 18, 2026.

The 100th AGM will be conducted exclusively through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), starting at 11:00 a.m. Members can participate via the National Securities Depository Limited (NSDL) e-Voting platform. Remote e-voting is open from August 14, 2026, at 09:00 a.m. to August 17, 2026, at 05:00 p.m. The record date for determining voting eligibility is August 11, 2026.

AGM Agenda and Key Resolutions

The agenda includes the adoption of audited standalone and consolidated financial statements for FY26, the re-appointment of Aditya Pratap Jain as a Director liable to retire by rotation, and the appointment of Nakul Pasricha as an Independent Director. Shareholders will also vote on increasing authorized share capital from ₹300 crore to ₹400 crore and approving the issuance of securities up to ₹800 crore.

FY26 Financial Performance Context

The AGM follows a year of significant balance sheet transformation for HCC. During FY26, the company reported standalone income from operations of ₹3,937.25 crore, down from ₹4,801.1 crore in FY25. However, net profit after tax improved to ₹205.81 crore from ₹84.9 crore in the previous year, driven by reduced tax expenses. EBITDA (excluding other income) stood at ₹633.24 crore with a margin of 16.08%.

A key highlight was debt reduction through prepayments of approximately ₹1,500 crore, lowering total debt to ₹1,995 crore and improving the Debt Equity Ratio to 0.27 from 0.79 in FY25. This deleveraging was supported by a promoter-led ₹1,000 crore rights issue, which was subscribed at 200%.

Operational Highlights

HCC’s order book strengthened to ₹12,971 crore during the year, with new contracts aggregating to approximately ₹8,828 crore. Major project completions included the Mumbai Metro Line 3 (UGC-02) segment, the Anji Khad Cable-Stayed Railway Bridge, and the Tehri Pumped Storage Plant. The pipeline of bids under evaluation exceeded ₹35,000 crore.

Hindustan Construction Company Ltd. (HCC) has published its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 as part of its 100th Annual Report. The report is prepared on a standalone basis and covers the company's project sites and offices across India. HCC is engaged in the engineering, procurement, and construction of large infrastructure projects spanning transportation, power, marine projects, irrigation and water supply, special buildings, and industrial plants, with majority clients being State and Central Government departments, Ministries, and local Municipal Bodies.

Company Overview and Financial Highlights

The report provides a snapshot of HCC's key corporate and financial parameters for the reporting period. The company, incorporated in 1926, is listed on both the National Stock Exchange of India Limited and BSE Limited.

CSR is applicable to HCC as per Section 135 of the Companies Act, 2013. The company's reporting boundary encompasses standalone operations, though several Business Responsibility and Sustainability initiatives are extended to subsidiary and associate companies as well.

Governance, Ethics, and Compliance

HCC's governance framework is anchored in its Code of Conduct, which applies to all Executive Directors, Senior Management Personnel, and Functional Heads. The company maintains a zero-tolerance policy on corruption and bribery. All policies covering the nine NGRBC principles have been approved by the Board and translated into procedures, extending to value chain partners as well.

Key governance highlights for FY 2025-26 include:

• No monetary or non-monetary penalties were paid in proceedings with regulators, law enforcement agencies, or judicial institutions during the year.
• No disciplinary actions were taken by any law enforcement agency against Directors, KMPs, Employees, or Workers on charges of bribery or corruption.
• No data breaches were reported during the year.
• No human rights violation complaints were received in FY 2025-26.
• No anti-competitive conduct cases were reported during the year.

The Board's policies are reviewed periodically or on a need basis by the CSR Committee as part of ESG review. The highest authority responsible for implementation and oversight of the Business Responsibility Policy is Mr. Arjun Dhawan, Vice Chairman & Managing Director (DIN: 01778379).

Workforce, Safety, and Well-being

HCC employs over 25,000 workers in addition to more than 1,100 of its own employees, reflecting the labour-intensive nature of its construction business. The company has established an Integrated Management System incorporating Occupational Health & Safety (ISO 45001), Quality (ISO 9001), and Environmental Management (ISO 14001) standards.

The company is committed to achieving 'ZERO reportable injuries' at each work front. Corrective actions following incidents are investigated by internal experts, with key learnings communicated across the organization to prevent recurrence. Life insurance coverage is extended to all employees and workers in the event of death.

On workforce diversity, the Board of Directors comprises 8 members, of whom 1 is a woman, representing a female participation rate of 12.50%.

Environmental Performance and Sustainability Initiatives

HCC is ISO 14001:2015 certified, with certification encompassing all operations including offices, headquarters, construction sites, and temporary facilities. The company currently captures and calculates Scope 1 and Scope 2 greenhouse gas emissions. No Environmental Impact Assessments were conducted by HCC in FY 2025-26, as this falls under the scope of project proponents.

Notable environmental initiatives undertaken during the reporting period include:

All company projects and facilities comply with applicable environmental laws, including the Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, and the Environment Protection Act. One HCC project — the Agardanda Creek Bridge Project — falls under the Coastal Regulation Zone (CRZ), with Environmental Clearance obtained under the client's scope. All project sites operate under Zero Liquid Discharge (ZLD) principles, with wastewater treated and recycled or reused as appropriate.

Stakeholder Engagement and CSR

HCC has systematically identified and engaged with a diverse set of stakeholders including customers, suppliers, employees, investors, JV partners, and local communities. The company's CSR Committee is responsible for decision-making on sustainability-related issues. Structured consultation processes are in place for both employees and workers, with monthly committee meetings, suggestion boxes at project sites, and regular management reviews.

The company achieved a customer satisfaction score of 93.20% in FY 2025-26, based on client feedback collected every six months covering parameters such as designing, planning, construction capability, project quality, and management. HCC operates in a B2B model with no specific consumer products, and Extended Producer Responsibility (EPR) is not applicable to its business.

HCC is a member of the UN Global Compact (UNGC), a signatory to 'Caring for Climate' and 'The CEO Water Mandate', and a founding member of the Disaster Resource Network India. The company has published thirteen sustainability reports prepared in accordance with Global Reporting Initiative (GRI) guidelines, reflecting its long-standing commitment to environmental transparency and responsible business conduct.