Announced Fri, 19 Jun · 14:18 IST
Hubtown shareholders approve merger of 25 West Realty into Hubtown
HUBTOWN · price
▲ 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
+0.6%1-day move
₹199.70
prior close
₹194.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.3+0.4+0.4+0.6+4.2+6.7+4.9+4.6+7.1+4.9+0.1——
Up moveDown movePending
AI summary
Equity shareholders of Hubtown at the NCLT-convened meeting on June 19, 2026 approved the Scheme of Arrangement to merge 25 West Realty Private Limited (Transferor) into Hubtown Limited (Transferee) under Sections 230 to 232 of the Companies Act, 2013. The resolution was passed with the requisite majority. Scrutinizer's Consolidated Report and e-voting results will be filed separately within two working days. The Scheme still requires final NCLT sanction to become effective.
Likely market impact
Key milestone reached in the merger process, but the Scheme still needs final NCLT approval before it can take effect.