Hubtown Limited — QIP/Rights/Pref., 01-03-2025: Allotment of Securities

The Board of Directors has announced a board meeting on March 1, 2025, to approve the allotment of 15,81,747 equity shares, following the conversion of warrants by Khilen Vyomesh Shah. The issuance involves a total of 31,63,494 warrants at an exercise price of Rs. 165 each. This conversion has raised approximately Rs. 26.1 crore. Post allotment, the company’s paid-up capital increases to Rs. 1,33,46,87,220, comprising 13,34,68,722 equity shares of Rs. 10 each, fully paid up.