HUBTOWN LTD. - Board Meeting Outcome for Outcome Of Board Meeting Held On June 23,2022

We wish to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI Listing Regulations) that the Board of Directors of Hubtown Limited ('the Company') in its meeting held today i.e. June 23, 2022, has, inter alia, considered and approved the following: 1) Alteration of Articles of Association of the Company . 2) Issuance of upto 72,00,000 (Seventy Two Lakhs) convertible warrants ('Warrants') at a price of Rs. 57/- (Rupees Fifty Seven only) per warrant with a right to the warrant holders to apply for and be allotted 1 (one) Equity Share of the face value of Rs. 10/- (Rupees Ten only) each of the Company ('Equity Shares') at a premium of Rs. 47/- (Rupees Forty Seven only) per share . 3) The Board has approved the draft Notice of Extraordinary General Meeting (EGM) to be held on Thursday, July 21, 2022,