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Hubtown has announced a board meeting regarding the allotment of 15,81,747 equity shares, following the conversion of warrants on a preferential basis. This conversion involved a payment of Rs. 165 per warrant for a total of Rs. 26,09,88,255. After this allotment, the company’s paid-up capital increases to Rs. 1,31,88,69,750, with a total of 13,18,86,975 equity shares. The new shares will align with existing equity, enhancing the capital structure and providing potential benefits to shareholders.