Acquisition

October 09.2026 The Corporate Relationship The Listing Department Department The National Stock Exchange of India BSE Limited Limited P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Fort, Mumbai 400001 Bandra (East), Mumbai 400051 Scrip Code:532799 Symbol: HUBTOWN Sub: Additional investment in Subsidiary Company by way of subscription towards Right entitlement of Rights Issue - Disclosure under regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, We wish to inform you that Rare Townships Private Limited (RTPL), a Subsidiary Company, has today allotted 1,22,60,843 Class A equity shares of having a face value of ₹10 each, at a premium of ₹20 per share, at an issue price of ₹30 per share for cash for the total consideration of Rs. 36,78,25,290/- to the Company. Pursuant to this, the holding of the Company in RTPL has increased from 72.91% to 74.65% of Class A equity share capital of Rare Townships Private Limited. Brief details of the aforesaid investment, as required under Regulation 30 of the Listing Regulations read with the SEBI Circular dated July 13, 2023, are given in the Annexure A. You are requested to take note of the same. Yours faithfully, For Hubtown Limited Shivil Kapoor Company Secretary & Compliance Officer Membership No.: F11865 Annexure-A Particulars Disclosures 1. Name of the target entity details in Rare Townships Private Limited (RTPL) brief such as size , turnover, etc. RTPL is engaged in real estate business of construction and development of residential and commercial premises. The Paid up Share Capital of the Company is Rs.47, 45, 91,730/- (considering this Rights Issue) and the Turnover of the Company was Rs.9802.79 Lakhs for the year ended March 31, 2026. 2. Whether the acquisition would fall Yes, the acquisition falls within Related Party within related party transaction(s) Transaction as RTPL is a Subsidiary of the Company. and whether the promoter/ promoter group/ group companies The acquisition has been made by way of have any interest in the entity being subscription to equity shares having a face acquired? If yes, nature of interest value of Rs 10/- each, at a premium of Rs and details thereof and whether the 20/- per share, resulting in an issue price of same is done at “arm’s length” Rs 30/- per share, on a rights basis. The transaction has been undertaken at arm’s length. Further the Company, Promoters, Promoter’s Group are interested to the extent of their shareholding In RTPL. 3. Industry to which the entity beRiTngP L is engaged in the real estate business of construction and development of residential and commercial premises. 4. Objects and effects of acquisition The acquisition is by way of rights offered (including but not limited to, for subscription of shares of RTPL, the Subsidiary of the Company. disclosure of reasons for acquisition of target entity, if its business is Consequent upon the allotment, the holding outside the main line of business of of the Company in RTPL has increased from the listed entity) 72.91% to 74.65% in the Class A Equity Share Capital of the RTPL Both the Company and the Issuer are in same line of business, i.e. Real Estate Business. 5. Brief details of any governmental Not Applicable regulatory approvals required for the acquisition 6. Indicative time period for October 08,2026 (Date of Allotment) completion of the acquisition 7. Nature of consideration -whether Cash cash consideration or share swap and details of the same 8. Cost of acquisition or the price at 12260843 Class A Equity Shares at a face which the shares are acquired value of Rs.10/- per share at a premium of Rs 20 per share at an issue price of Rs 30 Per Share, for a total consideration of Rs. 36,78,25,290/- 9. Percentage of shareholding / The holding of the Company in RTPL has control acquired and / or number increased from 72.91% to 74.65% in Class A of shares acquired Equity Share Capital of the RTPL. 10. Brief background about the RTPL is domiciled in India and incorporated entity under the provision of the Companies Act, acquired in terms of products/line 1956. The Company was incorporated on June 05, 2000 and is involved in the real of business acquired, date of estate business of construction and incorporation, history of last 3 years development of residential and commercial turnover, country in which the premises. acquired entity has presence and any other significant Turnover of RTPL for the last three financial information (in brief) years are as follows: (Rs in Lakhs) Financial Year Turnover 2025-2026 9802.79 2024-2025 40.45 2023-2024 63.27 This is for your information and record. Thanking you, Yours faithfully, For Hubtown Limited Shivil Kapoor Company Secretary & Compliance Officer Membership No.: F11865