Housing & Urban Development Corporation Limited — Important, 17-07-2025: Committee Meeting Updates

HUDCO's Bond Allotment Committee has approved raising up to 3,000 Cr through unsecured, taxable, redeemable, non-convertible debentures (NCDs) via private placement. Each NCD has a face value of Rs. 1 lakh. These debentures will mature in three years and offer a 6.64% coupon rate, with interest paid yearly. This fundraising initiative strengthens HUDCO's financial capacity, vital for supporting its core housing and urban development operations. The NCDs are slated for listing on BSE, providing market visibility.