Hubtown Ltd has closed its trading window for designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. The restriction prevents insiders from dealing in equity shares during this period to ensure compliance with regulatory standards and maintain market integrity.

The closure follows the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading. All designated persons, their immediate relatives, and other insiders are advised to refrain from trading in the company's securities during the specified timeframe.

The trading window will reopen 48 hours after the unaudited financial results for the quarter ended June 30, 2026, are officially declared and disseminated to the stock exchanges. This standard cooling-off period allows market information to be assimilated before trading resumes for insiders.

Hubtown Limited shareholders have approved the Scheme of Arrangement for the merger of Saicharan Consultancy Private Limited with the company. The resolution was passed with 100% of the valid votes cast in favour, representing 6,26,00,857 shares, during a meeting held on June 05, 2026. The approval was granted pursuant to the directions of the National Company Law Tribunal (NCLT), Mumbai Bench, under Sections 230 to 232 of the Companies Act, 2013. The scheme involves the amalgamation of Saicharan Consultancy Private Limited with Hubtown Limited and their respective shareholders and creditors.

The meeting was conducted through video conferencing and other audio-visual means in compliance with the Companies Act, 2013, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Sushil Kumar Agarwal, IRS (Retd.), presided over the meeting as the Chairperson, following his appointment by the NCLT via an order dated April 09, 2026. Mr. Ketan Dand, Practicing Company Secretary, served as the Scrutinizer for the voting process.

Voting Results

Remote e-voting was facilitated from June 02, 2026, to June 04, 2026, with the cut-off date for determining shareholder eligibility set as May 29, 2026. Electronic voting was also available during the meeting. The detailed voting results show that the resolution secured the requisite majority from equity shareholders.

Public Shareholder Approval

The resolution also received approval from public shareholders, with 1,59,42,113 votes in favour and 525 votes against. As per the SEBI Master Circular, the Scheme of Arrangement shall be acted upon only if the votes cast by the public shareholders in favour of the resolution are more than the number of votes cast by the public shareholders against it. The Scrutinizer's Consolidated Report confirmed that the resolution was passed with the majority of persons representing more than three-fourths in value of the equity shareholders.