HUBTOWNBSEHubtown LtdHighNeutral
Announced Mon, 18 May · 22:19 IST

Disclosure under Regulation 30 of LODR regarding convening the meeting of Equity Shareholders of the Company in connection with the proposed scheme of arrangement in the nature of Merger/Amalgamation ....

Nclt Scheme FiledStrategic Transactions View source PDF

HUBTOWN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹207.13
prior close
₹206.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.3+1.1+0.6+0.4-1.2-0.2+0.4-0.1+0.4-8.8-6.1-3.4
Up moveDown movePending
AI summary

Hubtown Ltd is convening an equity shareholders meeting on June 19, 2026 at 11:00 AM via video conferencing for approval of a Scheme of Arrangement in the nature of merger/amalgamation of 25 West Realty Private Limited (Transferor Company) into Hubtown Ltd (Transferee Company). The NCLT Mumbai Bench passed the order directing this meeting on May 4, 2026. The appointed date for the merger is April 1, 2025. Both BSE and NSE have issued observation letters (November 14, 2025) confirming no adverse observations on the scheme. The scheme requires approval by a 3/4th majority in value of shareholders present. Remote e-voting runs from June 16 to June 18, 2026, with a cut-off date of June 12, 2026 for eligible voters. The scheme remains subject to final NCLT sanction after shareholder approval.

Likely market impact

Shareholders should vote on this scheme as it will determine the structure and completion of the merger. The outcome will be disclosed within 2 working days after the meeting.