Hubtown Limited

Hubtown Limited

Hubtown Limited has announced the closure of its trading window for all Designated Persons and their immediate relatives. This action, effective from July 1, 2026, is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed until 48 hours after the declaration of the company's unaudited financial results for the quarter ended June 30, 2026. This is a standard procedural step to prevent insider trading ahead of financial disclosures.

Hubtown Limited

Hubtown Limited has obtained requisite approvals from its equity shareholders and unsecured creditors for two Schemes of Arrangement to merge Saicharan Consultancy Private Limited (SCPL) and 25 West Realty Private Limited (25 West) into Hubtown. The SCPL merger consolidates Hubtown's ownership in its subsidiary's 'Rising City' project, increasing its revenue share by 21.17%. The 25 West merger integrates a super-luxury residential project expected to generate approximately ₹6,000 crores in revenue. These strategic initiatives aim to strengthen Hubtown's revenue base, profitability, and market position through asset consolidation, pending final NCLT and other regulatory approvals.

Hubtown Limited

Hubtown Limited announced that its equity shareholders have approved the Scheme of Arrangement for the merger/amalgamation of 25 West Realty Private Limited with Hubtown Limited. The Court Convened General Meeting, held on June 19, 2026, saw the resolution pass with an overwhelming majority, receiving 99.99% of votes in favor from the total polled votes. This approval, pursuant to NCLT directions, marks a crucial step in the corporate restructuring process.

Hubtown Limited

Hubtown Limited announced the proceedings of its Court Convened General Meeting held on June 19, 2026. This meeting, directed by the NCLT, was convened to consider a proposed Scheme of Arrangement. The scheme involves the merger and amalgamation of 25 West Realty Private Limited with Hubtown Limited. This corporate restructuring event, conducted under Sections 230 to 232 of the Companies Act, 2013, signifies a material change in the company's structure that investors should monitor.