Hubtown allots equity shares following warrant conversion

Hubtown has announced the allotment of 1,581,747 equity shares following the conversion of warrants, as per a circular resolution passed by the Board of Directors on July 7, 2025. These warrants were convertible at an exercise price of INR 165 per warrant. The allotment has increased the company's paid-up capital from INR 1,36,55,52,270 (comprising 136,555,227 equity shares) to INR 1,38,13,69,740 (comprising 138,136,974 equity shares). The equity shares now allotted rank equally with the existing equity shares of the Company. The warrant conversion was exercised by Falguni Vyomesh Shah who had 15,81,747 warrants opted for conversion. The company received INR 26,09,88,255 from the warrant holder.