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Hubtown Limited Increases Capital Through Warrant Conversion

Story Highlights
  • Hubtown Limited has allotted 21,31,935 equity shares after converting warrants.
  • This conversion increases the company’s paid-up capital and may enhance its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hubtown Limited Increases Capital Through Warrant Conversion

Elevate Your Investing Strategy:

Hubtown Limited ( (IN:HUBTOWN) ) has issued an update.

Hubtown Limited, a company involved in real estate development, has announced the allotment of 21,31,935 equity shares following the conversion of warrants. This move, approved by the Board of Directors, increases the company’s paid-up capital, indicating a strategic financial maneuver to strengthen its capital base and potentially enhance its market position.

More about Hubtown Limited

YTD Price Performance: -30.80%

Average Trading Volume: 18,796

Current Market Cap: 23.96B INR

See more data about HUBTOWN stock on TipRanks’ Stock Analysis page.

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