Hubtown merger of Saicharan Consultancy and 25 West Realty via scheme of arrangement
Hubtown Limited, a listed real estate developer based in Mumbai, announced a composite merger integrating two private entities-Saicharan Consultancy Private Limited and 25 West Realty Private Limited-through a formal scheme of arrangement. The transaction was announced via a press release filed with NSE on 23 June 2026. The scheme would require National Company Law Tribunal (NCLT) sanction and shareholder approval at a general meeting. Real estate consolidation mergers of this type are typically structured as all-stock transactions or involve mixed consideration and are used to pool development assets or land banks.
Why it mattersScheme of arrangement mergers in real estate require NCLT sanction and shareholder approval; this structure is commonly used for absorbing private entities into listed real estate platforms to consolidate land holdings or development rights without direct cash outlay.
Counsel—
SectorConsumer & Retail
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Sources
- NSE Archive – Hubtown Press Release (23 Jun 2026) · official
- BSE Corporate Announcements (Search) · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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