IMPORTANT: YOU MUST READ AND AGREE TO ABIDE BY THE TERMS AND CONDITIONS OF THE FOLLOWING DISCLAIMER BEFORE CONTINUING.

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED IN THE UNITED STATES OR OTHER JURISDICTIONS OUTSIDE INDIA AND ARE INTENDED FOR DISTRIBUTION TO, AND USE BY, RESIDENTS OF INDIA ONLY. THESE MATERIALS ARE BEING MADE AVAILABLE ON THE WEBSITE OF HINDUSTAN CONSTRUCTION COMPANY LIMITED (THE “COMPANY”) IN CONNECTION WITH ITS PROPOSED OFFERING OF ITS EQUITY SHARES IN A RIGHTS ISSUE IN COMPLIANCE WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (THE “SEBI ICDR REGULATIONS”) AND THE COMPANIES ACT, 2013, AND THE RULES MADE THEREUNDER EACH AS AMENDED (“COMPANIES ACT”). MAKING THE LETTER OF OFFER AVAILABLE IN ELECTRONIC FORMAT ON THIS WEBSITE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO SUBSCRIBE TO SECURITIES IN THE RIGHTS ISSUE IN ANY JURISDICTION.

PLEASE READ THIS NOTICE CAREFULLY. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. VIEWING THIS INFORMATION MAY NOT BE LAWFUL IN CERTAIN JURISDICTIONS. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE. BY ACCESSING THIS INFORMATION ON THIS WEBSITE, YOU AGREE TO THE TERMS AND CONDITIONS BELOW, INCLUDING ANY MODIFICATIONS THAT MAY BE MADE TO THEM FROM TIME TO TIME.

The following disclaimer applies to the Company’s Letter of Offer dated March 12, 2024 (the “Draft Letter of Offer” ) filed with the Securities and Exchange Board of India (“SEBI”) on March 13, 2024 in connection with the Company’s offering of the Rights Equity Shares (as defined in the Letter of Offer) on a rights basis (the “Issue”), which is hosted on this website. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Letter of Offer. By accessing the Letter of Offer, you agree to follow the following terms and conditions, including any modifications to them from time to time. References to the Company herein include its subsidiaries, associates and joint operations, as applicable, which are consolidated in its accounts.

The Letter of Offer has been posted on this website solely to comply with the provisions of SEBI ICDR Regulations.

The Letter of Offer is intended for your information only. Making the Letter of Offer available in electronic format on this website does not constitute an offer to sell or the solicitation of an offer to buy Equity Shares in the Issue in any jurisdiction.

The Letter of Offer posted on this website may only be downloaded by persons in India. You are hereby notified that any forwarding, delivery, distribution or reproduction of the Letter of Offer, in whole or in part, is strictly prohibited. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Letter of Offer, you agree not to forward, deliver or distribute it, in whole or in part, to any other person.

The information contained in the Letter of Offer may not be updated since its original publication date and may not reflect the latest updates.

Please note that because of restrictions imposed by applicable law or regulation on offers and sales of securities in various jurisdictions, subscription to the Issue will not be permitted by persons in certain jurisdictions. The Letter of Offer may not be distributed to any person or entity in any jurisdiction where (a) such distribution would be in violation of any applicable law or regulation; or (b) the Company would by virtue of such distribution become subject to new or additional registration requirements.

The Rights Entitlements and the Rights Equity Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United States. Accordingly, the Rights Entitlements (including their credit) and the Rights Equity Shares are only being offered and sold outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. The offering to which this Letter of Offer relates is not, and under no circumstances is to be construed as, an offering of any rights entitlements or rights equity shares for sale in the United States or as a solicitation therein of an offer to buy any of the said securities. Accordingly, you should not forward or transmit this Letter of Offer into the United States at any time.

Neither our Company, nor any person acting on behalf of our Company, will accept a subscription or renunciation from any person, or the agent of any person, who appears to be, or who our Company, or any person acting on behalf of our Company, has reason to believe is, in the United States when the buy order is made. No Application Form should be postmarked in the United States or otherwise dispatched from the United States or any other jurisdiction where it would be illegal to make an offer under the Letter of Offer or where any action would be required to be taken to permit the Issue. Our Company is undertaking this Issue on a rights basis to the Eligible Equity Shareholders (as defined in the Letter of Offer) and will dispatch the Letter of Offer only to Eligible Equity Shareholders who have provided an Indian address to our Company. Any person who acquires Rights Entitlements or Rights Equity Shares will be deemed to have represented, warranted and agreed, by accepting the delivery of the Letter of Offer, that it is not and that at the time of subscribing for the Rights Equity Shares or the Rights Entitlements, it will not be, in the United States and is authorized to acquire the Rights Entitlement and the Rights Equity Shares in compliance with all applicable laws and regulations. The Rights Entitlements and the Rights Equity Shares have not been approved or disapproved by the U.S. Securities and Exchange Commission, any U.S. federal or state securities commission or any other regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of the offering of the Rights Entitlements, the Rights Equity Shares or the accuracy or adequacy of the Letter of Offer. Any representation to the contrary is a criminal offence in the United States.

The Company has taken all necessary steps to ensure that the contents of the Letter of Offer as appearing on this website are identical to the Letter of Offer filed with the relevant regulatory authorities in India. However, you are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Company, the Lead Manager (as defined in the Letter of Offer) or any of their respective affiliates, directors, officers and employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Letter of Offer in electronic format.

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, the Lead Manager or any of their respective affiliates, directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the Letter of Offer available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials. It is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.

Any other information contained in or that can be accessed via the Company’s website does not constitute a part of the Letter of Offer. Access to this website shall not form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. We are not soliciting any action or decision based on the information on this website.

If you access the Letter of Offer contrary to the foregoing restrictions, you will be ineligible to purchase the Equity Shares in the Issue.

You are reminded that you are accessing the Letter of Offer on the basis that you have read and understood the disclaimer set out above. If this is not the case or if you do not agree to the terms contained in this notice, then you must not access the Letter of Offer.