Hubtown Limited — Board Meeting, 17-03-2025: Outcome of Board Meeting

The Board has announced a meeting outcome, approving the merger of 25 West Realty Private Limited with Hubtown Limited, subject to due diligence and regulatory approvals. This merger is expected to significantly enhance the company's revenue from the luxury residential project in Bandra West. Additionally, the Board directed the company to pursue new project acquisitions through various methods, considering potential fundraising via borrowings, equity capital, or hybrid instruments, pending shareholder and regulatory approvals. Further updates will be provided as necessary.