Hubtown: Announcement under Regulation 30 (LODR)-Allotment

Pursuant to Regulation 30 read with Part A Para A of Schedule III to SEBI LODR we hereby inform you that the Board of Directors of the Company through Circular Resolutions passed today approved (i) allotment of 3 05 79 055 fully paid-up equity shares having face value of INR 10/- each at an issue price of INR 188/- per equity share to the allottees under non-promoter group & (ii) allotment of 2 50 000 fully paid-up Compulsorily and Mandatorily Convertible Debentures (CCDs) at an issue price of INR 200/- per CCD to the allottees under non-promoter group upon receipt of subscription amount from the allottees. The details are hereby attached. Post allotment of the aforesaid shares the paid up capital of the Company has increased from INR. 98 77 16 020/- (9 87 71 602 equity shares of face value of INR. 10/-each fully paid up) to INR. 1 29 35 06 570/- (12 93 50 657 equity shares of face value of INR.10/- each fully paid up).The required disclosures has been attached herewith.