Hubtown Limited has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Thursday, May 14, 2026, in accordance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting has been convened to consider and approve the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026.

Board Meeting Details

The intimation, dated May 09, 2026, was filed by Company Secretary and Compliance Officer Shivil Kapoor (Membership No. F11865) on behalf of Hubtown Limited. The key details of the scheduled board meeting are outlined below:

Trading Window Closure

In continuation of its earlier intimation dated March 18, 2026, Hubtown Limited has also disclosed the status of the Trading Window for its designated persons and insiders, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Person(s).

The key details regarding the Trading Window closure are as follows:

• The Trading Window for dealing in the securities of the company was closed with effect from April 1, 2026.
• The closure applies to all Designated Persons including Insiders.
• The Trading Window shall remain closed until Forty-Eight (48) hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

The filing was addressed to both BSE Limited and the National Stock Exchange of India Limited, requesting the exchanges to take the above information on record.

Hubtown Limited has announced robust operational performance for the full year ended FY26, demonstrating strong momentum in the real estate sector. The company reported impressive financial metrics for FY26, showcasing significant growth in both presales and collections.

For Q3 FY26, the company achieved notable operational metrics including area sold of 0.55 msf across 224 units, generating presales of INR 20,859 Mn and collections of INR 6,182 Mn. The nine-month period ending FY26 showed cumulative area sold of 0.88 msf across 479 units, with presales reaching INR 36,033 Mn and collections of INR 15,069 Mn. The company has scheduled a comprehensive investor presentation for May 01, 2026, highlighting key operational achievements and business developments.

Equity Shareholders and Unsecured Creditors Meetings

In a significant regulatory development, Hubtown Limited has informed BSE Limited and National Stock Exchange of India Limited regarding the convening of meetings of Equity Shareholders and Unsecured Creditors of the Transferee Company in connection with the proposed Scheme of Arrangement for the merger of Saicharan Consultancy Private Limited with Hubtown Limited. This follows the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench's order dated April 09, 2026. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has also published newspaper advertisements of the meeting notices in The Free Press Journal (English) and Navshakti (Marathi). Both meetings are to be held through video conferencing (VC) or other audio visual means (OAVM) on Friday, June 05, 2026.

Additionally, a separate meeting of Unsecured Creditors of the Transferor Company (Saicharan Consultancy Private Limited) will be held in physical mode at Hubtown Seasons, Chembur (East), Mumbai on Friday, June 05, 2026 at 01:00 P.M. The Hon'ble NCLT has appointed Mr. Sushil Kumar Agarwal, IRS (Retd.), as the Chairperson of the Meetings, and Mr. Ketan Dand (Membership No. F5288), Practising Company Secretary, as the Scrutinizer for the Meetings.

E-Voting Schedule

Persons entitled to attend and vote at the meetings may vote through remote e-voting prior to the date of the meeting or vote in person through e-voting at the respective meetings. Since the meetings are being held through VC/OAVM, physical attendance will not be permitted and the facility for appointment of proxies will not be available. The cut-off dates and remote e-voting periods for the respective meetings are as follows:

Key Merger Details

The Board of Directors had initially approved the Scheme of Arrangement on February 14, 2025, under Sections 230 to 232 of the Companies Act, 2013. The merger aims to consolidate ownership in Rare Townships Private Limited (RTPL), a subsidiary developing the "Rising City" project in Ghatkopar East, Mumbai. Saicharan Consultancy Private Limited holds 21.17% equity shares in RTPL, while Hubtown holds 66.93%. The proposed merger involves a share entitlement ratio of 648 equity shares of Hubtown Limited for every 1 equity share of Saicharan Consultancy Private Limited. The appointed date for the scheme is April 01, 2025.

The Scheme, if approved by the Equity Shareholders and Unsecured Creditors at their respective meetings, will be subject to the subsequent sanction of the Hon'ble NCLT and such other approvals, permissions, and sanctions of regulatory or other authorities as may be necessary. The merger is expected to provide administrative and operational rationalization, promote organizational efficiencies, and achieve economies of scale. The value of Unsecured Creditors of the Transferor Company as on September 30, 2025 was INR 8,480.13 Lakhs, while the value of Unsecured Creditors of the Transferee Company as on September 30, 2025 was INR 34,619.48 Lakhs. The value of Secured Creditors of the Transferee Company as on September 30, 2025 was INR 42,145.67 Lakhs.

Business Portfolio Overview

Hubtown Limited operates as one of the largest real estate developers of premium residential apartments in the Mumbai Metropolitan Region. The company maintains a diversified portfolio spanning multiple segments including residential, commercial, industrial, and infrastructure projects. Key ongoing projects include premium developments in prime Mumbai locations such as 25 Downtown in Mahalaxmi, 25 West in Bandra West, and 25 South in Prabhadevi.

Debt Overview

The company's proforma debt as of December 31, 2025, stands at INR 50,745 Mn, representing a 40% reduction from INR 84,214 Mn. The debt reduction has been achieved across various lender categories including banks, NBFCs, domestic funds, HNIs, and foreign funds. Hubtown has a robust launch pipeline including Breach Candy Residential in Mumbai, 25 Vistas in Thane, and 25 Estates Weekend Homes in Khalapur, with total potential carpet area from upcoming projects standing at approximately 33.02 msf.