Description
250,000 equity shares of Hubtown Limited issued on preferential basis pursuant to compulsorily convertible debentures listed and permitted to trade with effect from December 11, 2025.
Summary
Hubtown Limited (Scrip Code: 532799) has listed 250,000 new equity shares on BSE with effect from Thursday, December 11, 2025. These shares were issued at a premium of Rs. 190/- to non-promoters on a preferential basis pursuant to compulsorily convertible debentures. The shares rank pari-passu with existing equity shares.
Key Points
- 250,000 equity shares of face value Rs. 10/- each listed
- Issue price: Rs. 200/- per share (Rs. 10 face value + Rs. 190 premium)
- Issued to non-promoters on preferential basis
- Issued pursuant to compulsorily convertible debentures
- Distinctive numbers: 139718722 to 139968721
- ISIN: INE703H01016
- Shares rank pari-passu with old equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members should note the listing of these new securities for trading purposes effective December 11, 2025.
Important Dates
- Date of Allotment: September 24, 2025
- Trading Commencement Date: December 11, 2025
- Notice Date: December 10, 2025
Impact Assessment
This is a routine listing of preferential allotment shares with minimal market impact. The issue size is relatively small (250,000 shares) representing approximately Rs. 5 crore in value. Since the shares are issued to non-promoters pursuant to conversion of debentures, it represents fulfillment of existing obligations rather than fresh capital raising. Market participants should be aware of the increased share count for Hubtown Limited.
Impact Justification
Routine listing of new equity shares from preferential allotment to non-promoters. Limited market impact due to small issue size of 250,000 shares.