Outcome of Board Meeting

August 03, 2026 BSE Limited National Stock Exchange of India Limited The Corporate Relations Department, The Listing Department, 1st Floor, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai - 400 001, Bandra (East), Mumbai – 400 051, Maharashtra, India Maharashtra, India Scrip Code: 532799 Symbol: HUBTOWN Dear Sir/Madam, Subject: Outcome of the Board Meeting and disclosure of events pursuant to Regulation 29(1), 30 and 46(2)(l)(i) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, as amended read with the applicable circulars issued thereto (“SEBI LODR Regulations”) Dear Sir/ Madam, This is with reference to our letter dated July 27, 2026; we wish to inform you that, the Board of Directors of the Company (“Board”) at its meeting held today i.e. Monday, August 03, 2026, at the registered office of the Company, has transacted inter-alia the following businesses: i. Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, which have been subjected to limited review by the Statutory Auditors of the Company, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). Copies of the said results along with the limited review reports issued by the Statutory Auditors of the Company are annexed hereto and the same are being uploaded on the website of the Company i.e. www.hubtown.co.in. The Unaudited Financial Results are also being published in the newspapers, in the format prescribed under Regulation 47(1) (b) of the SEBI Listing Regulations. Please note that in terms of the Company’s Code of Conduct for Prohibition of Insider Trading, the window for trading in shares of the Company by its Directors, designated employees and connected person will open on August 05, 2026. ii. Raising of funds through issuance of foreign currency convertible bonds or any other equity linked securities through permissible modes as may be permitted under applicable laws, in one or more tranches, as may be considered appropriate by the Board for an amount upto to US$ 150 million in terms on private placement basis, subject to necessary approvals including the approval of the members of the Company (“Shareholders”) and such other regulatory / statutory approvals as may be required, and in relation thereto, issue of notice to the Shareholders for approval of such fund raise, as applicable; Further, the board has constituted an FCCB Committee to finalize the terms and conditions of FCCB issuance and to undertake all such acts, deeds and things as may be necessary to give effect to fund raising, and In relation to (ii) above, we hereby enclose the necessary details in Annexure A respectively as required under regulation of 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30 January, 2026. The aforesaid meeting of the Board of Directors of the Company commenced at 04:00 pm (IST) and concluded at 5:30 pm (IST). We request you to kindly take these submissions on your record and disseminate the same. Thanking You For and on behalf of Hubtown Limited Shivil Kapoor Company Secretary & Compliance Officer Membership No.: F11865 Enclosures: As above. JBTMIASSOCIATES LLP • Chartered Accountants Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors Hubtown Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results ('Statement') of the HUBTOWN LIMITED ('the Company') for the quarter ended June 30, 2026 being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) including relevant circulars issued by the SEBI from time to time. 2. The Statement, which is the responsibility oft he Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principle laid down in Indian Accounting Standard 34, Interim Financial Reporting ("lndAS34"), prescribed under Section 133 of the Companies Act, 201 3 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with regulation 33 of the Listing regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of india. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section143(10) ofthe Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Basis of qualified conclusion: a. As stated in Note 15 to the standalone financial result of the Company for the quarter ended June 30, 2026, with regards the Company not having provided for Interest amounting to 528.48 Lakhs on certain inter-corporate deposits in current quarter. Consequent to above, finance cost for the quarter ended June 30, 2026 has been understated by 528.48 Lakhs resulting in a consequential increase in the profit for the quarter ended June 30, 2026. 328-332, Linkway Estate, Malad link Road, Malad - West, Mumbai 400 064 Direct: +91 22 4972 2211 I +91 8655 707 805 1 Website: www.jbtm.in 5. Based on our review conducted as above, except for the impact on the results of the matter described in paragraph 4 above, nothing has come to our attention that causes us to believe that the accompanying statement prepared in accordance with applicable Indian Accounting Standards (''Ind AS") specified under section 133 ofthe Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India , has not disclosed the information required to be disclosed in terms ofRegulation 33 of the listing regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For J B T M & Associates LLP Firm Registration No.: Wl00365 Date: August 03,2026 HUBTOWN LIMITED GIN • L45200MH 1989PLC050688 Registered Office• Hubtown Seasons, CTS No. 469-A, Opp. Jain Temple, R K. Chemburkar Marg, Chembur (East), Mumbai-400 071 Phone • +91 22 25265000 Fax • +91 22 25265099 E-mail . investorcell@hubtown.co in ; Website www.hubtown.co.in Statement of Unaudited Standalone Financial Results for the Quarter ended June 30, 2026 (~ in Lakhs except per share data) Quarter ended Year ended Sr. Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 No. Unaudited Audited Unaudited Audited 1 Income a. Revenue from Operations 2,122 7,031 14,207 35,218 b. Other Income 3,924 3,141 3,480 15,799 Total Income (a+b) 6,046 10,172 17,687 51,017 2 Expenses a. Cost of construction and development 3,489 3,246 1,691 14,096 b. Purchases of stock-in-trade 19,402 19,402 c. Changes in inventories of work-in-progress, finished properties and FSI (4, 186) (3,825) (1 0,797) (11 ,884) d. Employee benefits expense 341 314 280 1 '126 e. Finance costs 2,821 5,906 449 9,245 f. Depreciation and amortisation expense 51 57 51 221 g. Other [Showing first 8,000 characters — download PDF for full document]