Hubtown Limited — JV/Acquisition, 05-09-2025: Acquisition

Hubtown Ltd. is acquiring controlling stakes in four real estate entities: Hubtown Bus Terminal (Adajan), (Ahmedabad), (Mehsana), and (Vadodara) Private Limited for a total of Rs. 16 Cr. This strategic move increases Hubtown's voting control in each from 45% to 55%, making them full subsidiaries. Crucially, this acquisition resolves five long-standing litigations with GVFL Trustee Company since 2015, strengthening Hubtown's core real estate business and clearing a significant operational hurdle. #Hubtown #Acquisition #RealEstate #LitigationResolved