Hampton Sky Realty to divest Finton Homes stake, reports Q2 results

Hampton Sky Realty Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The board of directors approved the divestment of the company's entire 55% stake in Finton Homes, a partnership firm, by retiring from the partnership. This decision, recommended by the audit committee, aims to address liquidity constraints from non-moving inventory and outstanding debt obligations of INR 5721.41 Lacs in Finton, targeting a debt-free position for Finton. Proceeds will settle outstanding liabilities.

An in-principle approval for the exit from Finton Homes has been granted, with the fair value of Hampton Sky Realty’s stake determined at INR 7491.55 Lacs based on a July 15, 2025, valuation. The total consideration payable to the retiring partner is INR 5222.29 Lacs, with INR 4800.72 Lacs to be discharged in cash and the balance by transferring land and building rights valued at INR 421.57 Lacs. This transaction, involving related parties Mr. Hemant Sood and Mr. Chander Shekar, is being done at arm’s length based on valuer-determined fair value and requires shareholder approval.

Finton Homes contributed INR 1560.42 Lacs, or 60.74%, to the company's turnover/revenue/income and 9.59% to its net worth in the last financial year. An Extra-Ordinary General Meeting (EOGM) is scheduled for Thursday, December 18, 2025, for shareholder approval. Remote e-voting for the EOGM will commence on Monday, December 15, 2025, at 09:00 a.m. IST and conclude on Wednesday, December 17, 2025, at 05:00 p.m. IST, with December 11, 2025, as the cut-off date.