Hubtown Acquisition Worth ₹114.6 Cr
Hubtown Limited creditors approved the merger of Saicharan Consultancy Private Limited. The unsecured creditors' meeting, convened by NCLT, saw 100% votes in favor of the scheme.
- Value
- ₹114.6 Cr
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Hubtown Limited creditors approved the merger of Saicharan Consultancy Private Limited. The unsecured creditors' meeting, convened by NCLT, saw 100% votes in favor of the scheme.
Hubtown Limited shareholders approved the merger of Saicharan Consultancy Private Limited at an NCLT-convened meeting. This consolidation marks a key milestone in the company's amalgamation process.
Hubtown Limited convened an NCLT-ordered meeting for June 19, 2026, to approve its merger with 25 West Realty Private Limited. The consolidation aims to streamline group operations.
Hubtown Limited is convening a meeting of Unsecured Creditors on June 05, 2026, to approve the merger of Saicharan Consultancy Private Limited into itself. The strategic initiative aims to consolidate ownership in Rare Townships Private Limited. The Transferor Company had unsecured creditors valued at ₹84.80 Crore as of September 2025.
Hubtown Limited has convened an NCLT-directed shareholders' meeting on June 5, 2026, to consider a Scheme of Arrangement. The proposal involves the merger of Saicharan Consultancy Private Limited into Hubtown Limited. This amalgamation aims to restructure and consolidate the entities' operations and assets under the transferee company.