Hubtown Limited Discloses Ongoing GST Inspection and Search Operation
Hubtown Limited disclosed an ongoing GST inspection, search and seizure operation at its registered office that began on February 09, 2026. The company is cooperating with GST Department officials and responding to queries while maintaining normal business operations. Material developments will be communicated upon conclusion of the operation.
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Hubtown Limited has disclosed to stock exchanges that it is currently subject to a GST inspection, search and seizure operation by the Goods & Service Tax Department, Mumbai, Maharashtra. The regulatory disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Operation Details
The GST Department initiated the inspection and search operation at Hubtown Limited's registered office on February 09, 2026. As per the company's disclosure dated February 10, 2026, the operation remains ongoing.
| Parameter: | Details |
|---|---|
| Operation Start Date: | February 09, 2026 |
| Conducting Authority: | GST Department, Mumbai, Maharashtra |
| Location: | Company's registered office |
| Current Status: | Ongoing |
Company Response and Cooperation
Hubtown Limited has confirmed that it is fully cooperating with the GST Department personnel during the operation. The company is actively collating information and responding to all queries raised by the department officials.
The company stated that the final report relating to the search and seizure operation will be concluded as per the laid down procedures established by the GST Department.
Business Operations Continue
Despite the ongoing GST operation, Hubtown Limited has assured stakeholders that its business operations continue as usual. The company emphasized that the inspection has not disrupted its regular business activities.
Future Disclosures
The company has committed to informing stock exchanges of any material developments arising from the GST operation once it concludes. This disclosure demonstrates the company's adherence to regulatory transparency requirements under SEBI listing regulations.
The disclosure was signed by Shivil Kapoor, Company Secretary and Compliance Officer (Membership No.: F11865), and communicated to both BSE Limited and The National Stock Exchange of India Limited.
Historical Stock Returns for Hubtown
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.18% | +18.03% | +3.62% | -28.04% | -8.42% | +1,201.40% |
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