NCLT meeting - shareholders approve merger of 25 West Realty with Hubtown

Nclt Scheme FiledStrategic 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

-2.6%Reaction day

₹199.70

prior close

₹193.77

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-3.4% vs market

Residential Commercial Projects peers, median of 66sector-0.0%-2.6% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 2.6 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

+0.7

10m

+0.6

15m

+1.0

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6+0.8-3.4-0.0-2.6

Next day

+0.6+1.7-1.1+0.3+0.2

+4.2+0.9+3.3-1.6+5.8

+6.7+0.8+5.8-0.5+7.1

+4.9+0.2+4.7-1.2+6.1

+4.6-0.1+4.7-2.1+6.8

+7.1+1.1+6.0+0.7+6.4

15d

+4.9+2.5+2.4+2.2+2.7

+0.1+1.2-1.1+0.5-0.3

-9.5+4.9-14.4+3.3-12.8

-12.1+5.8-17.9-3.6-8.5

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 equity shareholders approved the merger of 25 West Realty Pvt Ltd into Hubtown at the NCLT-convened meeting on June 19, 2026, held via video conferencing. The scheme of arrangement under Sections 230 to 232 of the Companies Act, 2013 was passed with requisite majority. E-voting results and the scrutinizers consolidated report will be announced within two working days.

Likely market impact

Positive milestone - shareholder approval clears a key hurdle; merger still needs NCLT final sanction and other steps before taking effect.