Hubtown Limited has informed the Exchange about receipt of listing approval for the 1581747 Equity Shares of Rs. 10/- each
HUBTOWN · price
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Hubtown Limited has received listing and trading approval from both BSE (dated September 17, 2025) and NSE (dated September 30, 2025) for 15,81,747 equity shares of Rs. 10/- each. These shares were allotted to the promoters at a premium of Rs. 210/- per share upon conversion of warrants issued on a preferential basis. The shares carry distinctive numbers from 138136975 to 139718721. Trading will commence once depositories (NSDL/CDSL) confirm credit of shares to beneficiary accounts. The company has been asked to apply for trading approval within seven working days and comply with SEBI ICDR Regulations, including any applicable lock-in requirements for pre-preferential promoter holdings.
This is a routine procedural step following a preferential warrant conversion by promoters, signaling their continued commitment to the company. Existing shareholders may see mild dilution as the equity base expands, but no fresh capital is being raised at this stage since the warrants were already issued earlier. Short-term stock price impact is expected to be neutral.