Meeting Details

Date: Friday, June 19, 2026

Time: 11:00 a.m. IST

Type: Court Convened Meeting of Equity Shareholders

Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)

Location: Conducted remotely

Convening Authority: Hon'ble National Company Law Tribunal, Mumbai Bench

NCLT Order Date: May 4, 2026

Company Scheme Application No.: C.A. (CAA)/24(MB)/2026

Proposed Resolution

The resolution sought approval for the Scheme of Arrangement in the nature of merger/amalgamation of 25 West Realty Private Limited (Transferor Company) with Hubtown Limited (Transferee Company) and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013.

Voting Process and Methods

Remote e-Voting Period: Tuesday, June 16, 2026 at 9:00 a.m. IST to Thursday, June 18, 2026 at 5:00 p.m. IST

e-Voting Platform: MUFG Intime India Private Limited at https://instavote.linkintime.co.in

Meeting e-Voting: Available during the meeting and until 30 minutes after conclusion

Cut-off Date: Friday, June 12, 2026

Scrutinizer: Mr. Chintan Goswami (Membership No. 33697), Partner of KJB & Co. LLP, Practising Company Secretaries

Key Voting Outcomes

Overall Equity Shareholder Voting

Total Shareholders on Record: 34,184

Total Shareholders Voted: 112

Total Valid Votes Cast: 70,036,574

In Favor:

  • 108 shareholders (96.43% of voters)
  • 700,36,574 votes (100.00% of votes cast)

Against:

  • 4 shareholders (3.57% of voters)
  • 1,862 votes (Negligible percentage)

Invalid Votes: None

Public Shareholder Voting (Excluding Promoter & Promoter Group)

Total Public Shareholders Voted: 91

Total Valid Votes Cast: 233,77,830

In Favor:

  • 87 shareholders (95.60% of public voters)
  • 233,77,830 votes (99.99% of public votes cast)

Against:

  • 4 shareholders (4.40% of public voters)
  • 1,862 votes (0.01% of public votes cast)

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares Held: 4,66,59,244
  • Votes Polled: 4,66,58,744 (100.00% of shares held)
  • Votes in Favor: 100.00%
  • Votes Against: 0.00%

Public Institutions:

  • Shares Held: 23,62,598
  • Votes Polled: 5,97,148 (25.28% of shares held)
  • Votes in Favor: 100.00%
  • Votes Against: 0.00%

Public Others:

  • Shares Held: 9,30,78,815
  • Votes Polled: 2,27,82,544 (24.48% of shares held)
  • Votes in Favor: 99.99%
  • Votes Against: 0.01%

Meeting Attendance

Total Shareholders Attended through VC: 64

  • Promoter and Promoter Group: 22
  • Public: 42

Scrutinizer's Findings and Conclusions

Mr. Chintan Goswami confirmed that:

  • The resolution was passed with majority representing more than three-fourths in value of equity shareholders
  • Public shareholders approved the resolution as required by SEBI Master Circular
  • The voting process was conducted fairly and transparently
  • All electronic voting records are under his custody until handed over to the company

Compliance Confirmation

The process complied with:

  • Sections 230-232 of the Companies Act, 2013
  • Companies (Compromises, Arrangements and Amalgamation) Rules, 2016
  • SEBI LODR Regulations, 2015
  • SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023
  • NCLT Order dated May 4, 2026

Additional Information

The voting results and scrutinizer's report are available on the company's website at www.hubtown.co.in.