Hubtown Limited — Others, 02-06-2025: Shareholders meeting

Hubtown Limited has announced a board meeting to hold an EGM via video conference, seeking shareholder approval to raise its borrowing limit by Rs. 6,000 Cr and create charges on assets to secure these borrowings. The board also plans to authorize loans, guarantees, or securities up to Rs. 6,000 Cr to subsidiaries and group companies. Shareholders will vote on the sale or lease of significant subsidiary assets and the cancellation of 1,59,574 unsubscribed equity shares. Re-appointment of Mr. Kartik Ruparel as Independent Director and approval of major related party transactions are also on the agenda, with e-voting available.