Hubtown

Hubtown Ltd reported consolidated net profit of ₹266 crore for the quarter ended June 30, 2026, down roughly 68% from ₹822 crore a year earlier, while revenue from operations fell to ₹1,556 crore. Auditors again qualified the results over unprovided interest of ₹528 crore on inter-corporate deposits, which the company said it is negotiating with lenders to waive. The board also approved raising up to US$150 million through foreign currency convertible bonds on a private placement basis, subject to shareholder and regulatory approvals. The company has been cutting debt sharply over the past year and holds an unutilised ₹6,000 crore fund-raising authorisation approved earlier this year.

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July 27 (Reuters) - Hubtown Ltd HUBT.NS:

• TO CONSIDER RAISING OF FUNDS

Source text: ID:nBSE4j8tVy

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Hubtown Ltd said its equity shareholders and unsecured creditors have approved two schemes of arrangement to merge Saicharan Consultancy Private Limited and 25 West Realty Private Limited into the company. The Saicharan merger will give Hubtown full ownership of a 21.17% stake in its subsidiary Rare Townships, which is developing the Rising City project in Ghatkopar. Shareholders of Saicharan will receive 648 Hubtown shares for each share held. The 25 West merger brings a super-luxury residential project in Bandra West, expected to generate total revenue of about ₹6,000 crore. The exchange ratio is 42 Hubtown shares for each 25 West share. Both schemes remain subject to final sanction by the National Company Law Tribunal.

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Feb 13 (Reuters) - Hubtown Ltd HUBT.NS:

• HUBTOWN LTD - TO RAISE UP TO 6 BILLION RUPEES

Source text: ID:nBSE5fHZdg

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Feb 10 (Reuters) - Hubtown Ltd HUBT.NS:

• TAX DEPARTMENT INITIATED SEARCH AND SEIZURE OPERATION AT OFFICE OF CO

• OPERATION COMMENCED ON FEB 9, 2026 AND AS ON DATE IS ON-GOING

Further company coverage: HUBT.NS

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Aug 12 (Reuters) - Hubtown Ltd HUBT.NS:

• HUBTOWN LTD - COMPANY CONSIDERS RAISING FUNDS THROUGH EQUITY SHARES

Source text: ID:nBSENbx8T

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March 17 (Reuters) - Hubtown Ltd HUBT.NS:

• CONSIDER PROPOSAL FOR MERGER OF 25 WEST REALTY WITH CO

• TO EXPLORE ACQUISITION OF NEW PROJECTS

• TO CONSIDER RAISING FUNDS THROUGH VARIOUS MODES

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Further company coverage: HUBT.NS

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Dec 18 (Reuters) - Hubtown Ltd HUBT.NS:

• HUBTOWN - AGREEMENT BY, BETWEEN RARE TOWNSHIPS, GOPANI REALTY LLP

• HUBTOWN - AGREEMENT FOR DEVELOPMENT OF WING A-6 OF PROJECT IN MUMBAI

Source text: ID:nBSE4XT2Xn

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Jan 31 (Reuters) - Hubtown Ltd HUBT.NS:

• APPROVED SCHEME OF AMALGAMATION OF VINCA DEVELOPER, RUBIX TRADING INTO CITYGOLD EDUCATION RESEARCH

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Jan 25 (Reuters) - Hubtown Ltd HUBT.NS:

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 700 MILLION RUPEES

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

Source text for Eikon: ID:nBSE7jmlc0

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Adds comments from Canadian Pacific

OTTAWA, June 7 (Reuters) - A federal judge in Canada has ruled that Canadian Pacific Kansas City Ltd was in contempt of court for forcing train crews to work excessively long hours in violation of a court order, the Teamsters Canada union said on Wednesday.

The penalties will be determined in a separate hearing, the union said in a statement.

A spokesman for the company said it disagreed with the decision and would be filing an appeal.

The Teamsters union had argued that the company should face contempt fines for making its conductors and locomotive engineers stay late despite an arbitrator's decision that duty ended when their shifts did.

The case was filed in 2019. In March of this year, a U.S. regulator approved Canadian Pacific's $31 billion acquisition of railroad company Kansas City Southern to create Canadian Pacific Kansas City Ltd.

(Reporting by David Ljunggren and Ismail Shakil; Editing by Mark Porter)

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April 27 (Reuters) - Hubtown Ltd HUBT.NS:

• MADE FULL AND FINAL PAYMENT OF DUES TO INTERNATIONAL ASSET RECONSTRUCTION COMPANY

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