Hubtown Limited has informed the Exchange about the Monitoring Agency Report for the quarter ended December 31, 2025
HUBTOWN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hubtown Limited has submitted the sixth Monitoring Agency Report prepared by Brickwork Ratings India Private Limited, covering the use of Rs 1,212 crore raised through a preferential issue of equity shares, compulsorily convertible debentures (CCDs), and warrants in September 2024. The company actually received Rs 1,209 crore after one investor failed to pay the full subscription amount. The funds were earmarked for working capital needs, repaying existing loans and debts, issue-related expenses, and general corporate purposes, with the bulk (over Rs 800 crore from equity shares alone) directed toward debt repayment. The monitoring agency confirmed there is no deviation from the stated objects, all utilization matches the offer document, and no major deviation has appeared compared to earlier reports. As of December 31, 2025, most funds have been deployed, with a small unutilized balance parked in bank accounts and mutual fund investments (Nippon MF and HDFC MF). No delays in implementation of the stated objects were reported.
This is a routine regulatory disclosure confirming the company has used the money it raised in line with what was promised to investors, with no misuse or deviation — a positive sign for governance and transparency. With nearly all proceeds deployed and no delays, shareholders can be assured that the fund-raising exercise is being executed as planned.