Hubtown Limited — Capital/Financing Update 2018

Nov 14, 2018

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Regd. OftoveRtlb1arPr4:;htB"A" Wing, 5th floor, Hughes Road, Behind Dharam Palace, Grant Road (West), Mumbai - 400007 INDIA Tel.: +91-22-67037400 • Fax: +91-22-67037403 • www.hubtown.co.in. • CIN:L45200MH1989PLC050688

1 4 NOV 2018

The CorporateRelationshipDepartmentBSE limitedP. J. Towers, Dalal StreetFort, Mumbai 400001Scrip Code:532799The Listing DepartmentThe NationalStockExchangeof India LimitedExchangePlaza,Sandra Kurla ComplexSandra (East), Mumbai 400051Symbol:HUBTOWN

Dear Sir,

Sub: Disclosure pursuant to Para (A) (1) (ii) (b) of Part A of Schedule III to the SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations')

We write to inform you pursuant to Para (A) (1) (ii) (b) of Part A of Schedule III to the Listing Regulations that the Company divested on September 27, 2018, its entire holding of 1,27,500 equity shares of the face value of Rs.101- per share, in the share capital of E Commerce Magnum Solution Limited (E Commerce), as per the details given in the prescribed format annexed hereto.

With the said divestment, E Commerce ceased to be a subsidiary of the Company.

We request you to kindly take the aforesaid disclosure on your record.

Thanking you,

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----- Start of picture text ----- Yours faithfully,For Hubtown LimitedMLo~~MadhaviDegaonkarAuthorised Signatory----- End of picture text -----

Encl: ala

Disclosure Pursuant to Regulation 30 read with Para A (1) of Part A of Schedule '" to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

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----- Start of picture text ----- SR No. PARTICULARS RELEVANT INFORMATIONa) the amount and percentage of the turnover or revenue Not Applicableor income and net worth contributed by such unit ordivision of the listed entity during the last financial year;b) date on which the agreement for sale has been entered 27/09/2018into;c) the expected date of completion of sale/disposal; 27/09/2018d) consideration received from such sale/disposal; Rs.25,00,27 ,500/-e) brief details of buyers and whether any of the buyers 1. Radius Infra Holdings Privatebelong to the promoter/ promoter group/group companies. limitedIf yes, details thereof; 2. Mr.Sanjay Chhabria3. Mr. Anil Chhabria4. Mr. Deepak BajajBuyers do not belong to thepromoter/ promotergroup/group companies.f) whether the transaction would fall within related party Notransactions? If yes, whether the same is done at "armslength";g) additionally, in case of a slump sale, indicative Not Applicabledisclosures provided for amalgamation/merger, shall bedisclosed by the listed entity with respect to such slumpsale.----- End of picture text -----

FOR HUBTOWN LIMITED