Hubtown unsecured creditors approve Saicharan Consultancy merger scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

HUBTOWN · price

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

-4.0%Reaction day

₹204.20

prior close

₹203.88

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-2.1% vs market

Residential Commercial Projects peers, median of 64sector-2.1%-1.9% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.9 pts less 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

-2.2

10m

-2.7

15m

-2.8

30m

-3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0-2.0-2.1-2.1-1.9

Next day

-3.5-0.1-3.4-0.2-3.3

-7.5-1.6-5.9-1.5-6.0

-12.1-2.7-9.4-3.1-9.0

-9.5+0.3-9.8-0.6-8.9

-5.9+2.0-7.9+0.9-6.8

-3.8+3.7-7.5+2.7-6.4

15d

+2.3+5.2-3.0+2.7-0.5

-0.6+3.3-3.9+2.1-2.7

-12.0+9.0-21.0+4.5-16.5

-9.4+11.8-21.2+4.6-14.0

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 64Pending

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

AI summary

Unsecured creditors of Hubtown Limited approved the proposed merger of Saicharan Consultancy Private Limited with Hubtown under Sections 230-232 of the Companies Act, 2013. The NCLT Mumbai directed meeting was held on June 05, 2026 via video conferencing. Management said the scheme does not affect creditor rights. Detailed voting results will be filed separately with stock exchanges.

Likely market impact

Scheme moves closer to NCLT final approval. Saicharan is a private firm merging into Hubtown. Existing creditor rights remain unchanged.