HUBTOWN LTD. - Board Meeting Outcome for Intimation Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Issuance Of Secured, Unlisted, Redeemable And Non-Convertible Debentures

This is to inform that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III, Part A, Para A, Clause 2 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Board of Directors of the Company in its meeting held today on January 25, 2024 has inter-alia approved the issuance of Secured, Unlisted, Redeemable and Non-Convertible Debentures ('NCDs') of up to Rs. 70,00,00,000 (Rupees Seventy Crores only) on private placement basis in one or more tranches. The meeting of the Board of Directors commenced at 11:30 a.m. and concluded at 11:58 a.m.