Announced Mon, 8 Jun, 2026 · 19:37 IST
Shareholders approve Hubtown merger with Saicharan Consultancy
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
-3.6%1-day move
₹196.00
prior close
₹193.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.9+1.6+1.7-3.6-8.4-5.7-2.0+3.2+1.6+9.1+3.6-8.3-6.1
Up moveDown movePending
AI summary
Hubtown NCLT shareholder meeting on June 5, 2026 approved merger of Saicharan Consultancy Private Limited with Hubtown. Of 6.26 crore shares voted (44% of capital), nearly all voted in favor with just 525 against. Public shareholders also approved 100% in favor. Scheme now awaits NCLT sanction.
Likely market impact
Scheme progresses to NCLT for final sanction; near-unanimous approval signals smooth clearance.