Housing & Urban Development Corporation Limited — Board Meeting, 17-07-2025: Outcome of Board Meeting

HUDCO's Bond Allotment Committee has approved a key fundraising plan. The company will raise up to Rs. 3000 Crore through unsecured, taxable, non-convertible debentures (NCDs) via a private placement. This includes a base issue of Rs. 500 Crore and a greenshoe option of Rs. 2500 Crore. Each NCD has a face value of Rs. 1 Lakh, matures in 3 years, and offers a coupon rate of 6.64% with yearly interest payments. This strategic move aims to bolster HUDCO's financial standing.