Hubtown’s promoter Mahipatray V Shah - HUF has sold 1.4% stake (10,14,871 shares) in the company. Prior to stake sale, it held 4.87% stake amounting 35,44,871 shares, while after stake sale it now holds 3.47% stake amounting 25,30,000 shares.
Hubtown engaged in the development, sale, and lease of commercial, residential, retail, and industrial properties. The company's project portfolio primarily comprises residential projects, commercial projects, special economic zones, SRAs, IT parks, biotech parks, robotic car parks, retail parks, and textile parks.