Hubtown Limited has informed the Exchange regarding 'Intimation of receipt of Trading Approval from Stock Exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015'.
HUBTOWN · price
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Awaiting price reaction for this filing.
Hubtown Limited has received trading approval from both BSE and NSE for 25,36,317 equity shares of face value Rs. 10 each, allotted at a premium of Rs. 210 per share. These shares were issued to the promoters on a preferential basis following the conversion of warrants. The new shares will be listed and available for trading on the exchanges from September 30, 2025, with distinctive numbers from 135600658 to 138136974. The shares are subject to a lock-in period that runs until April 10, 2027, meaning promoters cannot sell them before that date.
This is a routine regulatory filing confirming that the new promoter-issued shares are now tradable on the stock exchanges. While the share count increases (dilution), the long lock-in period means promoters are committed to holding these shares until April 2027, which is generally seen as a positive signal of promoter confidence in the company.