Hubtown Limited Announces Incorporation of Wholly-Owned Subsidiary
Hubtown Limited announced the incorporation of a new wholly-owned subsidiary, Hubtowncentral Private Limited, on March 29, 2026. The subsidiary is incorporated in India with an authorized share capital of Rs. 1,00,000.Hubtown Limited will hold 100% of the shareholding in Hubtowncentral Private Limited, establishing it as a related party. Hubtowncentral Private Limited will focus on the development of real estate projects.
The incorporation involved a cash consideration, and no governmental or regulatory approvals were required.
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