Housing & Urban Development Corporation Limited — Important, 18-07-2025: Closure of operations

HUDCO's Board has approved a significant strategic shift: discontinuing the HUDCO Niwas Portfolio, meaning individual home loans will no longer be offered. This decision aligns with HUDCO's reclassification from a Housing Finance Company to an NBFC-Infrastructure Finance Company. Note: bulk loans are not affected. This move sharpens HUDCO's focus as an NBFC-IFC, potentially impacting its future business mix and risk profile.