Hubtown Limited — Others, 27-06-2025: Shareholders meeting

Hubtown Limited has announced the voting results of its Extra-Ordinary General Meeting where nine resolutions were passed with strong shareholder support. Key approvals include increasing borrowing limits, creating charges or mortgages on company assets for borrowings up to Rs. 6,000 Cr, and advancing loans or guarantees under the Companies Act. Shareholders also approved sale, disposal, leasing of material subsidiary assets, pledging of subsidiary shares, re-appointment of an independent director, related party transactions, and cancellation of unsubscribed equity shares. Most resolutions passed with over 98% votes in favor, reflecting shareholder confidence in the company’s strategic and financial decisions.