Hubtown Limited — QIP/Rights/Pref., 02-07-2025: Allotment of Securities

Hubtown has announced a board meeting on July 9, 2025. The company allotted 9,54,570 equity shares to promoter group member Kunjal Hemant Shah at Rs. 220 per share (warrant exercise price Rs. 165), following conversion of an equal number of warrants. This raised Rs. 15.75 Cr from the promoter group, increasing the paid-up capital from Rs. 135.60 Cr to Rs. 136.56 Cr. The shareholding of promoters sees a slight uptick, reflecting further promoter commitment and capital infusion.