Description

2,50,000 equity shares of Hubtown Limited issued on preferential basis to Non Promoters pursuant to compulsorily convertible debentures will be listed and permitted to trade on BSE with effect from December 11, 2025.

Summary

BSE has announced the listing of 2,50,000 new equity shares of Hubtown Limited (Scrip Code: 532799) issued to Non Promoters on a preferential basis pursuant to compulsorily convertible debentures. These shares will be listed and permitted to trade on the Exchange with effect from Thursday, December 11, 2025. The shares are ranking pari-passu with the old equity shares of the company.

Key Points

  • 2,50,000 equity shares of Rs. 10/- each issued at a premium of Rs. 190/- per share
  • Issued to Non Promoters on a preferential basis pursuant to compulsorily convertible debentures
  • Issue price: Rs. 200/- per share
  • Distribution Numbers: 139718722 to 139968721
  • Date of Allotment: September 24, 2025
  • ISIN: INE703H01016
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

Trading members of BSE are informed about the listing of these new securities for trading purposes. No specific compliance requirements stated for members.

Important Dates

  • Allotment Date: September 24, 2025
  • Listing and Trading Commencement: December 11, 2025 (Thursday)
  • Circular Date: December 10, 2025

Impact Assessment

This is a routine corporate action involving the listing of additional equity shares arising from the conversion of compulsorily convertible debentures. The issuance size of 2.5 lakh shares is relatively small and represents a preferential allotment to non-promoters. The market impact is expected to be minimal given the limited number of shares being listed. These shares will have the same rights and ranking as existing equity shares of Hubtown Limited.

Impact Justification

Routine listing of additional equity shares from conversion of debentures with minimal market impact given small issuance size of 2.5 lakh shares to non-promoters on preferential basis