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Hubtown Limited ( (IN:HUBTOWN) ) has issued an announcement.
Hubtown Limited has announced the provision of a corporate guarantee to MITCON CREDENTIA TRUSTEESHIP SERVICES LIMITED. This guarantee secures the issuance of Non-Convertible Debentures up to Rs. 96 Crores by its wholly-owned subsidiary, Twenty Five Estates Realty Private Limited. The move reflects Hubtown’s strategic financial management, potentially enhancing its subsidiary’s capital structure and operational capabilities.
More about Hubtown Limited
Hubtown Limited operates in the real estate industry, focusing on the development of residential and commercial properties. The company is known for its strategic projects across various urban locations, catering to diverse market needs.
Average Trading Volume: 91,954
Technical Sentiment Signal: Buy
Current Market Cap: 49.27B INR
See more insights into HUBTOWN stock on TipRanks’ Stock Analysis page.