Description

15,81,747 equity shares of Hubtown Limited issued on preferential basis to promoters pursuant to warrant conversion are listed and permitted to trade from October 13, 2025.

Summary

BSE has announced the listing of 15,81,747 new equity shares of Hubtown Limited (Scrip Code: 532799) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from Monday, October 13, 2025. The shares were allotted on July 25, 2025 at an issue price of Rs. 220/- per share (face value Rs. 10/- plus premium of Rs. 210/-) and are subject to a lock-in period until May 30, 2027.

Key Points

  • 15,81,747 equity shares of Rs. 10/- each issued at Rs. 220/- per share (including premium of Rs. 210/-)
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Distribution Numbers: 138136975 to 139718721
  • ISIN: INE703H01016
  • Trading commences October 13, 2025
  • Complete lock-in until May 30, 2027 for all issued shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the new securities listing for Hubtown Limited
  • Lock-in restrictions apply to all 15,81,747 shares until May 30, 2027
  • Shares are subject to standard preferential allotment compliance requirements

Important Dates

  • Notice Date: October 10, 2025
  • Date of Allotment: July 25, 2025
  • Trading Commencement: October 13, 2025 (Monday)
  • Lock-in Period Ends: May 30, 2027

Impact Assessment

Market Impact: Low - This is a routine listing of preferential allotment shares to promoters following warrant conversion. The shares are subject to a lock-in period of approximately 1.5 years, preventing immediate market circulation.

Operational Impact: Minimal - Trading members need to be aware of the new securities and associated lock-in restrictions. The shares will increase the total outstanding equity of Hubtown Limited but are not immediately tradable due to lock-in provisions.

Liquidity Impact: None in the short term due to complete lock-in until May 2027. Post lock-in expiry, this represents approximately 1.58 crore shares that could potentially enter the tradable float.

Impact Justification

Routine listing of preferential allotment shares to promoters with standard lock-in period; limited market impact due to promoter-specific issuance