HB Portfolio Ltd — Important, 01-09-2025: Company Update
01-09-2025 | 04:22 pm
01-09-2025 | 04:22 pm
HB Portfolio has acquired 200,000 Fully Convertible Debentures, valued at Rs. 100 each, in its wholly-owned subsidiary, Infinix9 Hotels & Resorts Private Limited. This latest investment totals Rs. 2 crore. With this transaction, HB Portfolio's total investment in its subsidiary, through various securities, now stands at Rs. 22 crore. This move is part of the company's larger plan to invest up to Rs. 25 crore, boosting its subsidiary's capital for ongoing operations and future expansion in the hotels & resorts sector.
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