ALPHA TRIBE

HB Estate Developers LtdUpdates, 15-07-2025: Company Update

15-07-2025 | 04:46 pm

HB Estate Developers has allotted 750,000 equity shares to non-promoter Neha Jain, converting 750,000 previously issued warrants. These shares were issued at ₹65.25 each, including a premium of ₹55.25. The company received ₹3.67 Cr as the final 75% payment for these shares. Following this allotment, the company's paid-up equity share capital has increased to ₹22.21 Cr, now comprising 2,22,09,947 shares of ₹10 face value. This move boosts the company's equity base and infuses funds, impacting its financial structure.

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