Hubtown Limited has informed the Exchange regarding Summary of the proceedings of the meeting of the Equity Shareholders of Hubtown Limited held on June 05, 2026, convened pursuant to the directions of the Hon ble National Company Law Tribunal, Mumbai Bench ( NCLT ) in connection with the proposed Scheme of Arrangement in the nature of merger / amalgamation of Saicharan Consultancy Private Limited ( Transferor Company ) with Hubtown Limited ( Transferee Company or Company ) and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 read with applicable rules made thereunder.
HUBTOWN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hubtown Limited held a meeting of its Equity Shareholders on June 05, 2026, as directed by the NCLT Mumbai Bench. The meeting was held to seek shareholder approval for the proposed Scheme of Arrangement involving the merger/amalgamation of Saicharan Consultancy Private Limited (Transferor Company) into Hubtown Limited (Transferee Company). The scheme is being pursued under Sections 230 to 232 of the Companies Act, 2013. The filing is a procedural update sharing the summary of the meeting's proceedings with the exchange.
This is a routine procedural step in the NCLT-driven merger process; actual impact on shareholders depends on the outcome of the voting and the final NCLT/sanctioning authority approvals. Shareholders should watch for the swap ratio, valuation details, and the final NCLT order in subsequent filings.