Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, we wish to inform you that National Stock Exchange of India Limited and BSE Limited both vide their letter(s) dated May 28, 2025 having reference no. NSE/LIST/ 48601 and LOD/PREF/SV/443/2025-2026 respectively have granted trading approval for the trading of 62,50,000 equity shares of Rs. 10/- each at a premium of Rs. 210/- per share allotted to the promoters on a preferential basis pursuant to conversion of warrants.
HUBTOWN · price
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Hubtown Limited has received approval from both NSE and BSE to list 62,50,000 new equity shares (face value Rs. 10 each) allotted to its promoters at a premium of Rs. 210 per share. These shares were issued on a preferential basis following the conversion of warrants held by the promoters. The new shares are admitted to trading on the exchanges effective May 29, 2025. These shares carry a lock-in period until November 30, 2026, meaning promoters cannot sell them before that date.
This increases the total share count by 62.5 lakh shares, leading to some dilution for existing shareholders. Since the shares are allotted at a Rs. 210 premium over the Rs. 10 face value, the company has raised promoter-backed capital. The 18-month lock-in signals promoter confidence, but near-term float and earnings per share may be slightly affected.