HUBTOWNNSEHubtown Limited· ConstructionMinimalNeutral
Announced Tue, 19 May · 11:17 IST

Hubtown Limited has informed the Exchange about Copy of Newspaper Publication of a meeting of Equity Shareholders of the Company is scheduled to be held on Friday, June 19, 2026 at 11.00 A.M.

HUBTOWN · price

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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹207.13
prior close
₹209.10
base price
In-mkt
timing
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AI summary

Hubtown Limited has announced a shareholder meeting scheduled for Friday, June 19, 2026 at 11:00 AM via video conferencing. The meeting is pursuant to an NCLT Mumbai Bench order dated May 04, 2026 for voting on a Scheme of Arrangement involving the merger of 25 West Realty Private Limited (Transferor Company) with Hubtown Limited (Transferee Company). This is under Sections 230-232 of the Companies Act, 2013. The cut-off date for e-voting eligibility is June 12, 2026, with remote e-voting available from June 16, 2026 (09:00 AM) to June 18, 2026 (05:00 PM). If approved by shareholders, the scheme will require subsequent NCLT sanction and other regulatory approvals.

Likely market impact

Shareholders should participate in the voting as this merger, if approved, will consolidate 25 West Realty into Hubtown Limited, potentially affecting the company's financials and shareholding structure. The outcome could impact stock valuation.