Hubtown Limited has informed the Exchange about Scheme of Arrangement

Hubtown Limited has received an NCLT order dated May 04, 2026 approving the merger of 25 West Realty Private Limited (Transferor Company) into Hubtown Limited (Transferee Company). The appointed date for the scheme is April 1, 2025. Under the deal, Hubtown will issue 42 equity shares for every 1 share of 25 West Realty, based on a valuation report. The transferor company is jointly controlled by the promoter group of Hubtown, making this an internal reorganisation. The NCLT has directed Hubtown to convene an equity shareholder meeting within 60 days to approve the scheme. Over 90% of secured creditors have already consented, and the meeting for 100% of transferor shareholders has been dispensed with.