Hubtown Limited has announced the incorporation of a wholly-owned subsidiary company, Hubtowncentral Private Limited, on March 29, 2026. The company informed BSE Limited and National Stock Exchange of India Limited about this development on March 30, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Company Details

The newly incorporated subsidiary operates in the real estate sector with a specific focus on development of real estate projects. This strategic move aligns with Hubtown Limited's core business operations in the real estate industry.

Financial Structure

Hubtowncentral Private Limited has been incorporated with an authorized share capital of Rs. 1,00,000. Hubtown Limited holds 100% shareholding in the subsidiary through cash consideration, establishing complete control over the new entity.

Regulatory Compliance

The incorporation has been carried out in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. As a wholly-owned subsidiary, Hubtowncentral Private Limited is considered a related party of the listed entity. The disclosure was made by Company Secretary & Compliance Officer Shivil Kapoor on behalf of Hubtown Limited.

Strategic Implications

The formation of this wholly-owned subsidiary represents Hubtown Limited's continued expansion in the real estate development sector. With complete ownership and control, the parent company can leverage this subsidiary for focused real estate project development activities while maintaining operational flexibility and strategic alignment with its core business objectives.

Hubtown Limited has announced the successful completion of its Extra-Ordinary General Meeting (EGM) held on March 10, 2026, where shareholders provided overwhelming support for the company's proposal to issue securities to investors. The meeting was conducted through video conferencing in compliance with regulatory guidelines.

Meeting Participation and Voting Details

The EGM witnessed participation from 75 shareholders through video conferencing, comprising 23 promoter and promoter group members and 52 public shareholders. The company had a total of 34,617 shareholders on the record date of March 02, 2026.

Voting Results and Shareholder Support

The resolution to approve the issue of securities received exceptional support from shareholders across all categories. The voting was conducted through both remote e-voting (March 06-09, 2026) and e-voting during the meeting.

Category-wise Voting Breakdown

The voting pattern demonstrated strong confidence across all shareholder categories:

Promoter and Promoter Group:

• Total shares held: 49,770,414
• Votes polled: 49,770,414 (100.00% participation)
• Support: 49,770,414 votes in favour (100.00%)
• Opposition: 0 votes against (0.00%)

Public Institutions:

• Total shares held: 2,782,694
• Votes polled: 589,569 (21.19% participation)
• Support: 569,013 votes in favour (96.51%)
• Opposition: 20,556 votes against (3.49%)

Public Non-Institutions:

• Total shares held: 89,547,549
• Votes polled: 21,705,401 (24.24% participation)
• Support: 21,703,025 votes in favour (99.99%)
• Opposition: 2,376 votes against (0.01%)

Regulatory Compliance and Documentation

The EGM was conducted in accordance with Section 108 of the Companies Act, 2013, and various MCA and SEBI circulars. M/s. Mihen Halani & Associates, Practicing Company Secretaries, served as the scrutinizer for the voting process. The scrutinizer's report confirmed that the resolution was duly passed as a Special Resolution with the requisite majority.

The voting results and scrutinizer's report have been made available on the company's website at www.hubtown.co.in , fulfilling the disclosure requirements under Regulation 30 and 44(3) of the SEBI Listing Regulations. The company has submitted this information to both BSE Limited and National Stock Exchange of India Limited as per regulatory obligations.