Further to our intimation to the stock exchanges dated April 25, 2022 and in accordance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), we wish to inform you that the Board of Directors ("Board") of Hubtown Limited ("Company"), at its meeting held today i.e. on April 28, 2022, inter alia, approved the following: -
1. Raising of funds by way of offer and issue of Warrants on preferential basis to Promoter Group of the Company:
2. Raising of funds by way of offer and issue of equity shares to the existing shareholders of the Company on a rights basis (Rights Issue):
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