Hubtown Limited — Updates, 02-05-2026: Scheme of Arrangement

Hubtown will hold a meeting of its unsecured creditors for the merger with Saicharan Consultancy. This strategic move aims to consolidate Hubtown's stake in the "Rising City" project, potentially boosting financial growth and operational efficiency. Creditors: Saicharan ₹84.80 Cr (unsecured); Hubtown ₹421.46 Cr (secured), ₹346.19 Cr (unsecured).