Seeks Shareholder Approval for ₹47 Cr Fundraise via Warrants
HBG Hotels Ltd · 537839 · BSE ·
The company proposes to raise **₹47.02 crore** by issuing 56.65 lakh convertible warrants to promoters and non-promoters at an issue price of **₹83 per warrant**. Funds will be used for acquiring a land parcel for expansion (**₹36 crore**) and for general corporate purposes (**₹1…