Description

Listing of 21,31,936 equity shares of Hubtown Limited issued at Rs. 220/- to Promoters on preferential basis pursuant to conversion of warrants, effective December 11, 2025.

Summary

BSE has approved the listing of 21,31,936 equity shares of Hubtown Limited (Scrip Code: 532799) issued to Promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading on the Exchange from Thursday, December 11, 2025. The shares were allotted at Rs. 220/- per share (face value Rs. 10/- with premium of Rs. 210/-) and are subject to lock-in until July 31, 2027.

Key Points

  • 21,31,936 new equity shares listed on BSE
  • Issued to Promoters on preferential basis through warrant conversion
  • Issue price: Rs. 220.00/- per share (Rs. 10/- face value + Rs. 210/- premium)
  • Trading commences: December 11, 2025
  • Distinctive Numbers: 139968722 to 142100657
  • Date of Allotment: September 26, 2025
  • ISIN: INE703H01016
  • Shares rank pari-passu with existing equity shares
  • Complete lock-in on all shares until July 31, 2027

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI regulations on preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members are informed of the new securities available for trading from December 11, 2025
  • All 21,31,936 shares are subject to mandatory lock-in period until July 31, 2027
  • Shares cannot be transferred or traded by the allottees during the lock-in period

Important Dates

  • Allotment Date: September 26, 2025
  • Trading Commencement: December 11, 2025 (Thursday)
  • Lock-in Expiry: July 31, 2027

Impact Assessment

Market Impact: Low. The preferential allotment to promoters is already factored into the company’s shareholding pattern. The complete lock-in until July 2027 means these shares will not create immediate selling pressure or affect market liquidity.

Promoter Holding Impact: Moderate positive impact on promoter holding percentage due to warrant conversion and preferential allotment.

Liquidity Impact: Nil in the short to medium term due to lock-in restrictions. The shares will only become tradeable after July 31, 2027.

Impact Justification

Routine listing of preferential allotment to promoters with standard lock-in period. Limited market impact as shares are locked-in until July 2027.