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Updates

| Updated on December 16, 2015 Published on December 16, 2015

Hubtown Ltd has informed BSE that owing to the liquidity crunch, the Company has delayed the redemption in full, the principal amount of the Rated Secured Redeemable Non-convertible Debentures aggregating Rs.100 crores. The due date for redemption is December 14, 2015.

The Company is exploring alternative sources of finance to generate adequate cashflows to overcome the liquidity crunch and is hopeful that these efforts will yield fruitful results.

Source : BSE - >www.bseindia.com

Published on December 16, 2015
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