Hubtown Limited — Others, 14-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Hubtown Limited confirmed no deviations in the use of proceeds from its recent equity, CCD, and warrant issuances for the quarter ended December 31, 2024. The company raised ₹1,209 Cr and stated that funds were utilized as intended, with allocations spanning loan repayments, working capital needs, and general corporate expenses. The focus remains on aligning financing with strategic objectives, which is crucial for maintaining trust among investors. This steadfast adherence to original plans may enhance investor sentiment, indicating a disciplined approach to capital management.