Hubtown Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 10, 2026
HUBTOWN · price
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Hubtown Limited held an Extraordinary General Meeting on March 10, 2026, via video conferencing, attended by 75 shareholders. The meeting lasted only 20 minutes (11:30 a.m. to 11:50 a.m.). The only item of special business considered was a Special Resolution to approve the issue of securities to investors. E-voting was conducted remotely from March 6 to March 9, 2026, with Mr. Mihen Halani appointed as the scrutinizer. The Managing Director addressed shareholder queries, and the voting results will be shared with stock exchanges and posted on the company's website shortly.
This announcement indicates Hubtown is seeking shareholder approval to raise capital by issuing securities to investors. The actual voting outcome is still pending and will be disclosed separately — investors should watch for the results, as approval would enable the company to dilute equity or issue debt instruments to raise funds.