Archive · 9 Oct 2026
Hubtown Raises RTPL Stake to 74.65% With ₹36.78 Crore Investment
Hubtown invested more money in a company it already owns a large part of, called Rare Townships Private Limited, or RTPL.
The investment was announced on October 9, 2026.
Hubtown paid about ₹36.78 crore for new shares in RTPL.
Each share cost ₹30, including its face value and an added premium.
After the share issue, Hubtown’s ownership rose from 72.91% to 74.65%.
RTPL works on building homes and commercial properties.
Its reported turnover for the year ending March 31, 2026, was ₹9,802.79 lakh.
The company said the transaction was conducted on an arm’s length basis.
Hubtown announced an additional ₹36,78,25,290 investment in subsidiary Rare Townships Private Limited on October 9, 2026.
The investment subscribed to 1,22,60,843 Class A equity shares through a rights issue.
Shares were issued at ₹30 each: ₹10 face value plus a ₹20 premium.
Hubtown’s holding in RTPL’s Class A equity share capital increased from 72.91% to 74.65%.
RTPL develops residential and commercial properties; its turnover was ₹9,802.79 lakh for the financial year ended March 31, 2026.
- Who
- Hubtown Limited and its subsidiary, Rare Townships Private Limited (RTPL).
- What
- Hubtown invested ₹36,78,25,290 by subscribing to 1,22,60,843 Class A equity shares, increasing its holding from 72.91% to 74.65%.
- When
- Announced October 9, 2026.
- Where
- India; RTPL is domiciled in India.
- Why
- The articles state that Hubtown subscribed to shares through a rights issue; they do not specify a further reason.
- Investment
- ₹36,78,25,290
- Shares subscribed
- 1,22,60,843 Class A equity shares
- Issue price per share
- ₹30, comprising ₹10 face value and ₹20 premium
- Hubtown holding after allotment
- 74.65%, up from 72.91%
- RTPL incorporation date
- June 5, 2000
- RTPL turnover, FY ended March 31, 2026
- ₹9,802.79 lakh
- Earlier RTPL turnover
- ₹40.45 lakh in FY2025 and ₹63.27 lakh in FY2024
- Transaction details
- Rights issue; conducted on an arm’s length basis and identified as a related party transaction