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HBG Hotels Approves ₹47 Crore Warrants For ₹36 Crore Goa Land


11 September 2026
HBG Hotels Ltd.

Board approved raising authorised capital to Rs45Cr, preferential issue of 56.65 lakh warrants at Rs83 for Rs47.02Cr, and Rs36Cr purchase of 7000 sqm Goa Velha land from promoter Hede Consultancy. Continues active preferential funding and related-party land concentration; new warrants fund promoter-group land buy while operating cash stays weak and prior warrant overhang unresolved. Promoter holding would rise with dilution; land deal is related-party cash purchase needing shareholder nod; valuation basis, Section 186 limit quantum and timelines beyond 6 months not detailed.


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