Hubtown: Merger scheme of two private firms with the company

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

HUBTOWN · price

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

Price reactionminutes from the announcement price · days from the prior close

+3.8%Reaction day

₹200.50

prior close

₹202.39

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%+4.5% vs market

Residential Commercial Projects peers, median of 66sector-1.2%+5.0% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.0 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+0.9

15m

+0.1

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.8-0.7+4.5-1.2+5.0

Next day

+6.2-0.8+7.0-0.6+6.9

+4.5-1.4+5.9-0.9+5.4

+4.2-1.7+5.9-2.0+6.3

+4.1-0.7+4.8-0.8+4.9

+6.7-0.5+7.2+0.4+6.3

+6.3+0.0+6.3+1.3+5.0

15d

+1.6+0.5+1.1+1.3+0.3

-1.2-1.9+0.8-0.8-0.4

-4.2+4.3-8.5+2.8-7.0

-11.5+5.8-17.3-1.3-10.2

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hubtown Ltd announced a press release regarding a scheme of arrangement for the merger of Saicharan Consultancy Private Limited and 25 West Realty Private Limited with Hubtown Limited. The scheme, to be implemented through NCLT, involves two private companies being absorbed into the listed entity. No specific swap ratio or financial details have been disclosed in this filing.

Likely market impact

Merger will consolidate operations into Hubtown. Shareholders await swap ratio and NCLT approval timeline.