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An update from Hubtown Limited ( (IN:HUBTOWN) ) is now available.
Hubtown Limited has disclosed that, following directions from the National Company Law Tribunal’s Mumbai Bench, it will convene a court-directed meeting of its equity shareholders to consider a proposed merger scheme. The scheme seeks the amalgamation of Saicharan Consultancy Private Limited with Hubtown Limited, in line with provisions of the Companies Act.
The shareholders’ meeting is scheduled for June 5, 2026, and will be held via video conferencing and other audio-visual means in compliance with SEBI listing and companies law requirements. Notice and explanatory documents for the meeting are being circulated electronically and made available on the company’s and registrar’s websites, underscoring an emphasis on digital access and regulatory transparency for investors.
More about Hubtown Limited
Hubtown Limited is an Indian company listed on the BSE and NSE, operating in the real estate and infrastructure development sector. The company focuses on large-scale projects in urban markets, catering to residential, commercial, and mixed-use developments for a range of institutional and retail stakeholders.
Average Trading Volume: 32,148
Technical Sentiment Signal: Hold
Current Market Cap: 29.48B INR
For detailed information about HUBTOWN stock, go to TipRanks’ Stock Analysis page.