Hubtown Limited Approves Composite Scheme of Arrangement for Amalgamation
Hubtown Limited's Board approved a composite scheme of arrangement involving the amalgamation of Distinctive Realty, Amazia Developers, and Nitant Real Estate into Hubtown Limited. The appointed date is October 01, 2025. Share exchange ratios are set: 6,221 Hubtown shares for 1 ADPL share and 16 Hubtown shares for 1 NREPL share. The indicative value of Hubtown shares is ~₹980.
The amalgamation involves multiple entities and aims to consolidate significant real estate assets, which is a major corporate restructuring event that can significantly impact the company's structure, operations, and financial performance.
The approval of a composite scheme of arrangement for amalgamation is generally viewed positively as it indicates strategic consolidation and potential for growth and operational efficiencies.
Hubtown Limited's Board of Directors, in a meeting held on December 30, 2025, approved a composite scheme of arrangement involving the amalgamation of Distinctive Realty Private Limited (DRPL) and Nitant Real Estate Private Limited (NREPL) with Amazia Developers Private Limited (ADPL), and subsequently, the amalgamation of ADPL and NREPL with Hubtown Limited.
This scheme, which has an appointed date of October 01, 2025, aims to streamline operations, enhance the investment profile of the consolidated entity, and consolidate high-potential real estate assets. The amalgamation is subject to necessary statutory and regulatory approvals, including those from the stock exchanges (NSE and BSE), shareholders, creditors, and the National Company Law Tribunal (NCLT).
Details of the companies involved in Amalgamation I (DRPL into ADPL) show ADPL with a net worth of ₹7,997.33 Lakhs and revenue of ₹264.53 Lakhs as of September 30, 2025, while DRPL has a net worth of (₹1,690.72) Lakhs and revenue of ₹3.39 Lakhs. For Amalgamation II (ADPL and NREPL into Hubtown Limited), Hubtown Limited (Transferee Company 2) has a net worth of ₹2,81,421.23 Lakhs and revenue of ₹38,718.64 Lakhs. ADPL (Transferor Company 2) has a net worth of ₹7,997.33 Lakhs and revenue of ₹264.53 Lakhs, and NREPL (Transferor Company 3) has a net worth of (₹1,734.82) Lakhs and revenue of ₹914.05 Lakhs.
The share exchange ratio for Amalgamation II has been determined: 6,221 equity shares of Hubtown Limited for every 1 fully paid-up equity share of ADPL, and 16 equity shares of Hubtown Limited for every 1 fully paid-up equity share of NREPL. The indicative value of Hubtown Limited's shares is approximately ₹980 per share. The new equity shares will rank pari passu with existing shares and will be listed on the stock exchanges. The board meeting commenced at 06:00 pm (IST) and concluded at 07:30 pm (IST).
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Hubtown Limited filed this with the NSE as a statutory disclosure, categorised under amalgamation. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Hubtown Limited. Read the original for the full detail.