Hubtown logo

Hubtown share news, announcements and annual reports

NSE: HUBTOWNBSE: 532799RealtySmall Cap

Hubtown Limited · Formerly Ackruti City · Face value ₹10 · Listed Feb 2007
Last close ₹183.86down ₹0.03 (0.02%)BSE ₹183.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹183.89.

30 Oct: open ₹190.00, high ₹194.50, low ₹178.70

52-week range of traded prices to 30 Oct 2026
₹139.34Low, 26 Oct 2026₹339.00High, 18 Nov 2025
Market cap
₹2,613 Cr978th largest listed
P/E
31.06
P/E without one-offs
26.39
P/B
0.90
Dividend yield
Nonein the last 12 months
ROE
3.1%
ROE without one-offs
3.6%
ROCE
3.6%
Debt to equity
0.14
Volume, NSE
89,12,92314.3% delivered

Hubtown share news and announcements

850 announcements, routine notices left out, newest first. Page 17 of 17.

  1. Jul 2008

    • 29 Jul · Board meeting

      Outcome of Board meeting held on July 29, 2008.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Jul · Board meeting

      Meeting on 29 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
    • 4 Jul · Board meeting

      At the meeting of the Board of Directors of the Company held on July 02, 2008, the following decisions were taken: a) approval of the proposal to raise funds through issue of securities including by way of issue of equity shares to Qualified Institutional Buyers in accordance with the provisions of Chapter XIII A of SEBI DIP Guidelines and / or Global Depository Receipts (GDRS)/ American Depository Receipt (ADRS) / Foreign Currency Convertible Bonds (FCCB) or in any other combination thereof upto an amount not exceeding US $ 500 million, subject to the approval of the shareholders and SEBI, Government of India, Reserve Bank of India and all other appropriate authorities.
    • 3 Jul · Meeting

      Register of Members and Share Transfer Books of the Company will remain closed from August 18, 2008 to August 25, 2008 (both days inclusive) for the purpose of payment of final dividend and Annual General Meeting. The Annual General Meeting of the Company will be held on August 25, 2008.
    • 3 Jul · Updates

      Information under Clause 20 of the listing agreement. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). For more details click here.
    • 2 Jul · Dividend

      Board of Directors of the Company at their meeting held on July 2, 2008 has recommended a final dividend of Re. 0.70 (7%) per share of Rs. 10/- each subject to the approval of the shareholders in the ensuing Annual General Meeting. Total dividend for the year ended March 31, 2008 is Rs. 2.50 (25%) including interim dividend of Rs. 1.80 (18%) paid on Februrary 6, 2008.
  2. Jun 2008

    • 24 Jun · Board meeting

      Meeting of the Board of Directors of the Company to consider inter alia, the Audited Financial Results for the year ended March 31, 2008, and recommendation of final dividend, if any scheduled to be held on June 30, 2008 has been rescheduled to be held on July 02, 2008.
    • 20 Jun · Board meeting

      To consider inter-alia, the Audited Financial Results of the Company for the year ended March 31, 2008 and recommendation of final dividend, if any.
  3. May 2008

    • 23 May · Limited Review Report

      Auditors have conducted the limited review report of the unaudited financial results for the quarter ended March 31, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  4. Apr 2008

    • 28 Apr · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Standalone Financial Results for the Fourth Quarter ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 28, 2008) regarding details of utilisation of funds received from IPO of equity shares. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 17 Apr · Board meeting

      Meeting on 28 Apr 2008: “Unaudited Financial Results for the qtr ended March 31, 2008”
    • 2 Apr · Updates

      In view of the inordinate delay in receiving the necessary approval from the Department of Industrial Promotion and Policy (DIPP), Ministry of Commerce and Industry, Government of India, coupled with uncertain market conditions, the Board of Directors of the Company, has decided not to proceed further with the proposed preferential issue of equity shares to AIG GRE Investment Corp and CVCIGP.
  5. Mar 2008

    • 24 Mar · Results

      Shareholders of the Company, have by way of Postal Ballot, passed the following resolutions. The details of the Result of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  6. Feb 2008

    • 25 Feb · Business

      Press release dated February 25, 2008, titled "Akruti City Bags Two Prestigious Awards at the Artists in Concrete Awards 2007". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 20 Feb · Meeting

      For passing the following resolution through voting by Postal Ballot in accordance with the provisions of Section 192A of the Companies Act, 1956(the 'Act') read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001. (1) Special Resolution to make investment(s)/ give loan(s) to, and/ or give guarantee(s) and/or provide security(ies) in excess of the limits prescribed under Section 372A. (2) Special Resolutions: (a) under Section 17 for alteration of Objects Clause by insertion of new Clauses 47 and 48 after the existing Clause 46A and to renumber the remaining sub-clauses accordingly; and (b) under Section 149 (2A) for commencement of new business. (3) Ordinary Resolution under Section 293(1) (d) to borrow in excess of the paid-up share capital and free reserves. The Company has appointed Mr. Ashish Bhatt, a Practising Company Secretary as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner. The duly completed postal Ballot form should be reach the Scrutinizer on or before March 17, 2008. The Scrutinizer will submit his report to the Chairman after completion of the scrutiny of the Postal Ballots Received. The Chairman or the Managing Director or any other Director of the Company will announce the result of the Postal Ballot on March 20, 2008.A copy of the Postal Ballot notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 19 Feb · Updates

      At the meeting of the Board of Directors of the Company held on January 29, 2008, the Board had decided to issue 12 % optionally convertible debentures upto an amount not exceeding Rs.200 crores on a preferential basis to Reliance Capital Limited in accordance with the provisions of Chapter XIII of SEBI (DIP) Guidelines, 2000 and to seek the approval of the shareholders thereof under Section 81(1A) of the Companies Act, 1956. However, due to various commercial and other reasons, the Board has considered it desirable not to proceed further in the matter and accordingly, it is proposed to rescind the aforesaid decision of the Board to issue Optionally Convertible Debenture and not to seek the approval of the shareholders thereof
    • 19 Feb · Meeting

      Outcome of Extra Ordinary General Meeting held on February 16, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  7. Jan 2008

    • 30 Jan · Raising of Funds/Others

      At the meeting of the Board of Directors of the Company held today i.e. January 29, 2008 the following decisions were taken by the Board :- (1) raising of finance by issue of 12% Optionally Fully Convertible Debentures upto Rs.200 crores to Reliance Capital Limited on a preferential basis at a price not lower than the price determined in accordance with Chapter XIII of SEBI (DIP) Guidelines, 2000; and (2) approval of the shareholders is being sought under section 81 (1A) of the Companies Act, 1956.
    • 29 Jan · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 29, 2008) regarding details of utilisation of funds received from IPO of equity shares. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 29 Jan · Dividend

      Board of Directors of the Company at its meeting held on January 29, 2008 declared an interim dividend of Rs.1.80 (18%) per equity share of Rs.10 each aggregating Rs.12.00 crore.
    • 23 Jan · Meeting

      Notice of an Extraordinary General Meeting of the members of the Company convened on February 16, 2008 seeking their approval to the issue of 1,07,02,777 equity shares of the face value of Rs.10 each for cash at a premium of Rs.1,190 per shares on a preferential basis in accordance with the provisions of Chapter XIII of SEBI (DIP) Guidelines, 2000. The equity shares are to be offered on a preferential basis to the following entities as mentioned in the Notice: (a) AIG GRE Investment Corp, and its subsidiaries/affiliates (AIG); (b) CVCIGP II Client Rosehill Limited; (Rosehill client), (c) CVCIGP II Employee Rosehill Limited; (Rosehill Employee) and (d) [Gautam Nayak and Keshav Bhujle] (the Trustees), in their capacity as Trustees of the following Trusts: (1) CVCIGP II Ajay Relan Trust. (2) CVCIGP II Vinayak Shenvi Trust. (3) CVCIGP II P.R.Srinivasan Trust. (4) CVCIGP II Ajay Tandon Trust. (5) CVCIGP II Vivek Chhachhi Trust. (6) CVCIGP II Jayanta Kumar Basu Trust. A copy of the notice of EGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 22 Jan · Board meeting

      To consider inter-alia: (a) the Unaudited Financial Results (Provisional) of the Company for the Third Quarter and Nine Months ended December 31, 2007. (b) preferential issue of Optionally Convertible Debentures on private placement basis pursuant to SEBI (Disclosure and Investor Protection) Guidelines, 2000 and (c) payment of interim dividend if any. Further the Company has informed the Exchange that the Record Date for the purpose of interim dividend, if declared and recommended for payment would be February 06, 2008.
    • 18 Jan · Board meeting

      Meeting of the Board of Directors of the Company held on January 18, 2008 the Board of Directors, inter-alia, considered and approved the issue of upto 1,35,00,000 equity shares in the share capital of the Company, on preferential basis to private equity funds, financial institutions, mutual funds, etc. at a minimum price to be determined in accordance with the pricing norms specified under Chapter XIII of the SEBI (Disclosure and Investor Protection) Guidelines, 2000, subject to the approval of the shareholders under Section 81 (1A) of the Companies Act, 1956 and from other relevant statutory and regulatory authorities including Foreign Investment Promotion Board and/ or Department of Industrial Promotion and policy.
    • 17 Jan · Board meeting

      To consider inter-alia, the issue of equity shares of the Company on a preferential basis subject to the provisions of SEBI (Disclosure and Investor protection) Guidelines, 2000.
  8. Dec 2007

    • 26 Dec · Business

      Press release dated December 27, 2007, titled "Akruti-DLF Bags Prestigious BAI Universal Award 2007". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 17 Dec · Business

      Press release dated December 17, 2007, titled "Akruti City Ltd. Bags Maharashtra IT Awards for setting up best IT Infrastructure". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  9. Nov 2007

    • 5 Nov · Name Change

      Members of the Exchange are hereby informed that the name of Akruti Nirman Limited shall be changed to Akruti City Limited w.e.f. November 12, 2007.
    • 1 Nov · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter and half year ended September 30,2007 (taken on record by the Board of the directors of the Company at its meeting held on October 29, 2007) regarding details of utilisation of funds received from IPO of equity shares. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  10. Oct 2007

    • 24 Oct · Business

      Press release dated October 24, 2007, titled "Akruti City Ltd. makes a foray into Pune". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 19 Oct · Board meeting

      To consider inter-alia, the Standalone Unaudited Financial Results (Provisional) and Consolidated Unaudited Financial Results (Provisional) of the Company for the second quarter and half year ended September 30, 2007.
  11. Sep 2007

    • 26 Sep · Results

      Postal Ballot Result. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 18 Sep · Miscellaneous

      Vide its letter dated September 17, 2007 a copy of the presentation made by the Company to analysts on September 17, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 13 Sep · Miscellaneous

      Vide its letter dated September 12, 2007 that "As on date, the Company has land bank (owned as well as in JVS & SPVS), which will generate saleable area of approx. 40 million sq. ft".
    • 11 Sep · Meeting

      Outcome of the Annual General Meeting of the company held on September 06, 2007. The details of the business transacted at the AGM shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  12. Aug 2007

    • 7 Aug · Meeting

      In accordance with the provisions of Section 192A of the Companies Act, 1956 ('the Act') read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the Board of Directors of the Company has proposed to seek the shareholder's consent to the following Special Resolution through voting by Postal Ballot: Special Resolution to make investment(s) / give loan(s) to / provide guarantee(s), and/or security(ies) in excess of the limits prescribed under Section 372A of the Companies Act, 1956. The Company has appointed Mr. Ashish Bhatt, a Practising Company Secretary as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner and in accordance with the provisions of the Act and the Rules framed thereunder. The duly completed postal ballot form should reach the Scrutinizer on or before September 07, 2007. The Chairman or the Managing Director or any other Director of the Company will announce the results of the Postal Ballot on September 13, 2007. A copy of the Notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  13. Jul 2007

    • 31 Jul · Meeting

      Annual General Meeting of the Company will be held on September 6, 2007. Further the Company has informed that the Register of members and Share Transfer Books of the Company will remain closed from August 29, 2007 to September 6, 2007 (both days inclusive) for the purpose of payment of dividend on the equity shares of the company for the year ended March 31, 2007.
    • 31 Jul · Utilisation of Funds

      Utilisation of funds received from IPO of equity shares. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 19 Jul · Board meeting

      Meeting on 30 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
    • 4 Jul · Utilisation of Funds

      Details of utilisation of funds received from IPO of equity shares. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 4 Jul · Dividend

      Board of Directors, at their meeting held on July 04, 2007 has recommended a dividend of 15% per share, subject to the approval of the shareholders in the ensuing Annual General Meeting.
  14. Jun 2007

    • 25 Jun · Board meeting

      To consider inter-alia, the Audited Financial Result of the Company for the year ended March 31, 2007 and to recommend dividend, if any.
  15. May 2007

    • 22 May · Business

      The Company is in the process of setting up three SEZs - one in Mumbai and two in Pune. Further, the Company is also in the process of acquiring land for setting up integrated township between Mumbai and Pune
  16. Apr 2007

    • 26 Apr · Utilisation of Funds

      A) The Initial Public Offering (IPO) of the Company's Equity Shares aggregating Rs. 361.80 Crores closed for subscription on January 19, 2007 and was oversubscribed 81.5 times. In terms of the Prospectus dated January 24, 2007, the Company allotted 67,00,000 equity shares of Rs. 10 each at a premium of Rs 530 per share on February 2, 2007. The Equity Shares of the Company were listed on Bombay Stock Exchange limited and The National Stock Exchange of India Limited on February 7, 2007. b) Consequent to the IPO, the issued, subscribed and paid - up share capital of the Company stands increased to Rs. 66.70 crores as at March 31, 2007 and an amount of Rs. 355.10 crores was credited to the Securities Premium Account. c) As stated in the Prospectus, the share issue expenses amounting to Rs. 30.91 Crores have been charged against available balance in the securities Premium Account (SPA). After this adjustment, the closing balance in the SPA is Rs. 324.18 crores. The details of utilisation of funds received from IPO of equity shares, as per Clause 43 of the Listing Agreement : (1) Particulars :- Acquisition of land / rights in land or development rights*. Projected utilisation as per prospectus dated January 24, 2007 (Rs in Crores) :- 150.00. Actual utilisation as on March 31, 2007 (Rs in crores) :- 7.29. (2) Particulars :- Repayment of loan. Projected utilisation as per prospectus dated January 24, 2007 (Rs in Crores) :- 25.00. Actual utilisation as on March 31, 2007 (Rs in crores) :- 28.25. (3) Particulars :- Development and construction cost for projects under development*. Projected utilisation as per prospectus dated January 24, 2007 (Rs in Crores) :- 30.00. Actual utilisation as on March 31, 2007 (Rs in crores) :- 5.86. (4) Particulars :- Expenses relating to IPO. Projected utilisation as per prospectus dated January 24, 2007 (Rs in Crores) :- 25.21. Actual utilisation as on March 31, 2007 (Rs in crores) :- 30.91. (5) Particulars :- General Corporate purposes. Projected utilisation as per prospectus dated January 24, 2007 (Rs in Crores) :- 18.30. Actual utilisation as on March 31, 2007 (Rs in crores) :- 18.00. Total : Projected utilisation as per prospectus dated January 24, 2007 (Rs in Crores) :- 248.51. Actual utilisation as on March 31, 2007 (Rs in crores) :- 90.31. * Pursuant to agreements executed with the vendors of properties, the amount becomes due and payable to the vendors on completion of due diligence by the Company, which is expected to be completed by second week of May 2007. The balance unutilized funds out of Rs. 361.80 crores raised through Initial Public Offer have been temporarily deployed in fixed deposits and other short term investments, pending utilisation for the objects of the Issue.
    • 26 Apr · Business

      The Company acquired 9,000 equity shares of Rs. 10 each in the share capital of Almighty Impex Private Limited (AIPL), amounting to 18% of the paid - up share capital of AIPL. The Company also acquired 23,500 equity shares of Rs. 10 each in the share capital of Adhivitiya Properties Limited (ADPL), 200 equity shares of Rs. 10 each in the share capital of Arnav Properties Limited (ARPL) and 22,500 equity shares of Rs. 10 each in the share capital of Akulpita Construction Limited (AKCL), all three being subsidiaries of the Company. Consequent to the aforesaid acquisition, ADPL, ARPL and AKCL became wholly owned subsidiaries of the Company. Some of the subsidiaries of the Company had made temporary investment exceeding 51% in the share capital of Citygold Investment Private Limited, a group company, which had subsequently reduced to below 35% before the close of the quarter.
    • 24 Apr · Miscellaneous

      The Company made an IPO of its equity shares in the month of January, 2007 and in the Prospectus dated January 24, 2007, filed by the Company with SEBI, Stock Exchanges and Registrar of Companies, the Company had mentioned under the heading 'Details of the Projects' on page No. 38 that it had undertaken the development of a retail project namely 'Akruti One world' (K-Mall) located at Kanjur Marg with total saleable area of 242,938 sq. ft. However, due to small size of the project (size is a critical factor for success of retail project) and given the increased demand for office space by IT/ITES and BPO, the Company has converted the basic character of the aforesaid project from Retail to Commercial. The conversion, however, would have no adverse impact on the profitability of the Company
    • 23 Apr · Disclosure

      Pursuant to Regulation 22 of Akruti Directors and Designated Employees Code of Conduct for Prevention of Insider Trading, a statement showing therein the shareholding in the equity share capital of the Company of Directors/ Designated Employees of the Company to whom the said Code is applicable, as on March 31, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 19 Apr · Board meeting

      Meeting on 26 Apr 2007: “Unaudited Financial Results for the Qtr ended March 31, 2007”
  17. Mar 2007

    • 8 Mar · E-mail ID for Investor Complaints

      We have designated an e-mail ID investorcell@akrutiestate.com on our website - www.akrutiestate.com for the purpose of redressing the grievances of our Shareholders/Investors
  18. Feb 2007

    • 19 Feb · Disclosure

      Separate annexure Supplementary List - 01 being 'Statement of Initial Disclosure' of shares held in the Company by relatives of Directors, Designated Employees and In-house Consultants and their dependent family members. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Feb · Disclosure

      Separate annexure 'Statement of Initial Disclosure' of shares held by Directors and Designated Employees in the company, pursuant to Regulations of SEBI (Prohibition of Insider Trading) Regulations, 1992. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.