Hubtown Limited — QIP/Rights/Pref., 05-03-2025: Allotment of Securities

The Board has approved the allotment of 21,31,935 equity shares at an issue price of ₹10 each following the conversion of warrants. This conversion allows the holder, Rushank Vyomesh Shah, to exercise 21,31,935 out of 42,63,871 warrants, with an exercise price of ₹165 per warrant. The total funds raised from this conversion amount to ₹35.18 crore. Following this transaction, the company's paid-up capital has increased from ₹133.47 crore to ₹135.60 crore.