HB Portfolio Ltd — Updates, 26-05-2025: Company Update

HB Portfolio Limited has announced a board meeting on which it approved extending the timeline by 12 months to complete the balance investment of Rs. 10 crore in its wholly owned subsidiary, Infinix9 Hotels & Resorts Private Limited. The company has already invested Rs. 15 crore via equity shares and zero-coupon convertible debentures. Infinix9 Hotels & Resorts operates in the hospitality sector, owns 99.95% of Infinix9 Hospitality LLP, and has made an advance payment of Rs. 14.25 crore for land in Shirdi, Maharashtra. This move aligns with HB Portfolio’s strategy to diversify its investment portfolio.