Hubtown Limited — Updates, 30-06-2025: Scheme of Arrangement

Hubtown Limited has announced a board meeting outcome approving the merger of its group company, 25 West Realty Private Limited, into itself effective April 1, 2025. The transferor company owns a premium residential project ‘25 West’ in Bandra (West), Mumbai, positioned to enhance Hubtown’s asset base and growth prospects. The merger aims to streamline operations, improve efficiencies, and strengthen Hubtown’s market standing in real estate. Shareholders of 25 West Realty will receive 42 equity shares of Hubtown for every 1 share held. Post-merger, the promoter shareholding is set to increase significantly, reflecting consolidation of ownership.