Hubtown has received approval for the issuance of Secured, Unlisted, Redeemable and Non-Convertible Debentures (NCDs) of up to Rs 70 crore on private placement basis in one or more tranches. The Board of Directors of the Company in its meeting held on January 25, 2024 has inter-alia approved the same.
The company engages in the development, sale, and lease of commercial, residential, retail, and industrial properties. Its project portfolio primarily comprises residential projects, commercial projects, special economic zones, SRAs, IT parks, biotech parks, robotic car parks, retail parks, and textile parks.