HUBTOWN LTD has received in-principle approval from the BSE and NSE for issuing 49,574,360 equity shares at Rs. 188 each and 1,250,000 convertible warrants at Rs. 220 each to promoters, along with 250,000 Compulsory Convertible Debentures convertible into 5,000,000 equity shares at Rs. 200 each to non-promoters on a preferential basis.