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HUBTOWN LTD. - Intimation Of Receipt Of In-Principle Approval From Stock Exchanges Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements), Regulations, 2015
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17 Sep 2024
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (LODR), 2015, we wish to inform that NSE and BSE vide their letter(s) dated September 17, 2024 having reference no. NSE/LIST/43150 and LOD/PREF/DA/FIP/930/2024-25 respectively have granted in-principle approval under Regulation 28(1) of Securities and Exchange Board of India (LODR), 2015, for: * the issue of 4,95,74,360 equity shares of Rs. 10/- each at a price not less than Rs. 188/- to non-promoters on a preferential basis. * 1,25,00,000 warrants convertible into 1,25,00,000 equity shares of Rs. 10/- each at a price not less than Rs. 220/- to promoters on a preferential basis. * 2,50,000 Compulsory Convertible Debentures (CCDs) convertible into 5,00,00,000 equity shares of Rs. 10/- each to be issued at a price not less than Rs. 200/- to non-promoters on a preferential basis. The letters received from the Exchanges are attached herewith. This is for your information and record.
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