Meeting Details
- Meeting Date: September 18, 2026
- Meeting Time: 11:00 a.m. IST
- Record Date: September 11, 2026
- Total Shareholders on Record Date: 34,345
- Meeting Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Scrutinizer Appointment
- Name: Mihen Halani
- Firm: M/s. Mihen Halani & Associates
- Qualification: Company Secretary
- Membership Number: 9926
- Appointment Date: August 3, 2026
- Report Issuance Date: September 19, 2026
Voting Mechanism
- E-voting Provider: MUFG Intime India Private Limited (RTA)
- Remote E-voting Period: September 14, 2026 (9:00 a.m.) to September 17, 2026 (5:00 p.m.)
- Vote Unblocking Witnesses: Ms. Aditi Khandewal and Mr. Pratap Chavda (non-employees)
- Voting URL: https://instavote.linkintime.co.in/
Resolution-wise Voting Results
Resolution 1: Adoption of Financial Statements
- Description: To consider and adopt the audited financial statements (including consolidated financial statements) for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.
- Type: Ordinary Resolution
- Total Votes Polled: 65,529,924 (46.1151% of outstanding shares)
- Votes in Favour: 64,938,940 (99.0981% of votes polled)
- Votes Against: 590,984 (0.9019% of votes polled)
- Result: Passed
Resolution 2: Re-appointment of Director
- Description: To appoint a director in place of Mr. Vyomesh M. Shah (DIN: 00009596), who retires by rotation and being eligible, has offered himself for re-appointment.
- Type: Ordinary Resolution
- Promoter Interest: No
- Total Votes Polled: 65,529,924 (46.1151% of outstanding shares)
- Votes in Favour: 65,269,000 (99.6018% of votes polled)
- Votes Against: 260,924 (0.3982% of votes polled)
- Result: Passed
Resolution 3: FCCB Issuance
- Description: To consider and approve issuance of FCCB upto US$ 150 Million
- Type: Ordinary Resolution
- Total Votes Polled: 65,529,924 (46.1151% of outstanding shares)
- Votes in Favour: 64,938,340 (99.10% of votes polled)
- Votes Against: 591,584 (0.90% of votes polled)
- Result: Passed
Resolution 4: Cost Auditor Remuneration
- Description: To consider and approve the remuneration of the Cost Auditors of the Company for the financial year 2026-27
- Type: Ordinary Resolution
- Total Votes Polled: 65,529,924 (46.1151% of outstanding shares)
- Votes in Favour: 65,529,909 (100% of votes polled)
- Votes Against: 15 (0% of votes polled)
- Result: Passed
Resolution 5: Material Related Party Transactions (Company)
- Description: To approve Material Related Party Transactions of the Company
- Type: Ordinary Resolution
- Promoter Interest: Yes
- Total Votes Polled: 18,398,326 (12.9474% of outstanding shares)
- Votes in Favour: 17,822,310 (96.8692% of votes polled)
- Votes Against: 576,016 (3.1308% of votes polled)
- Institutional Opposition: Public institutions voted 96.2384% against this resolution
- Result: Passed
Resolution 6: Material Related Party Transactions (Subsidiaries)
- Description: Approval for Material Related Party Transaction(s) to which the Subsidiary(ies) of the Company is a party but the Company is not party, as required under Regulations 23(2) and 23(4) of SEBI LODR Regulations, 2015
- Type: Ordinary Resolution
- Promoter Interest: Yes
- Total Votes Polled: 18,398,326 (12.9474% of outstanding shares)
- Votes in Favour: 17,822,210 (96.8686% of votes polled)
- Votes Against: 576,116 (3.1314% of votes polled)
- Institutional Opposition: Public institutions voted 96.2384% against this resolution
- Result: Passed
Shareholder Participation
- Promoter & Promoter Group: 47,131,598 shares (100% participation)
- Public Institutions: 2,312,354 shares (25.8609% participation)
- Public Non-Institutions: 92,656,705 shares (19.2111% participation)
- Total Outstanding Shares: 142,100,657
Additional Information
- The voting results along with the Scrutinizer's Report are available on the company website at www.hubtown.co.in
- No shares with differential voting rights in the company
- Vote cast by related parties not considered in the results
- Percentages are rounded off to nearest decimals
- Number of shareholders not grouped on the basis of PAN
Financial Impact
Financial impact not quantified in the disclosure.