Hubtown Limited has received trading approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for its preferential issue of equity shares pursuant to conversion of warrants. The company informed the stock exchanges about this development through a regulatory filing dated December 10, 2025.

Trading Approval Details

Both stock exchanges granted trading approval for 21,31,936 equity shares of ₹10 each allotted to promoters on a preferential basis. The approval was communicated through letters dated December 10, 2025, with NSE reference number NSE/LIST/52284 and BSE reference number LOD/PREF/SV/205/2025-2026.

Share Conversion Process

The equity shares were issued pursuant to the conversion of warrants on a preferential basis. These shares carry a premium of ₹210 per share, making the total issue price ₹220 per equity share. The distinctive numbers for these shares range from 139968722 to 142100657.

Exchange Listing Confirmation

NSE confirmed that the equity shares are listed and admitted to dealings on the exchange from December 11, 2025 under the symbol HUBTOWN in the EQ series. BSE also confirmed the listing of the securities effective from December 11, 2025, with a notice issued to trading members on December 10, 2025.

Lock-in Requirements

The shares issued to promoters are subject to a lock-in period until July 31, 2027, as specified in the NSE approval letter. This lock-in provision ensures compliance with regulatory requirements for preferential issues to promoters.

Regulatory Compliance

The company has fulfilled all regulatory requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. NSE has advised the company to use NEAPS (NSE Electronic Application Processing System) for all future critical and price-sensitive information submissions.

The trading approval represents the completion of the regulatory process for the preferential issue, enabling these equity shares to be traded on both major Indian stock exchanges from December 11, 2025.

Hubtown has reported substantial pre-sales figures and announced strategic expansion plans that are set to significantly enhance its market position in the real estate sector. The company has achieved pre-sales of approximately ₹3,547 crores as of November 2025, demonstrating strong market demand for its projects.

Strategic Merger to Drive Growth

The company has revealed plans for a transformative merger that will substantially expand its development capabilities. The following table highlights the impact of this strategic move:

This merger represents a significant milestone in Hubtown's expansion strategy, with the total development value increasing by over 50% from the current ₹850 billion to ₹1,300 billion post-merger.

Business Performance Highlights

The company's recent performance metrics demonstrate strong market traction:

Upcoming Market Expansion

Hubtown has outlined its strategic focus on premium market segments with planned launches in two key categories:

• Ultra-luxury segment: Targeting high-net-worth individuals with premium offerings
• Premium segment: Expanding presence in the upscale residential market

These upcoming launches are expected to strengthen the company's position in the higher-value real estate segments, complementing its existing portfolio and supporting long-term growth objectives.

Strategic Outlook

The combination of strong pre-sales performance, strategic merger plans, and focused expansion into premium segments positions Hubtown for enhanced market presence. The substantial increase in total development value through the planned merger indicates the company's commitment to scaling its operations and capitalizing on market opportunities in the real estate sector.