Housing & Urban Development Corporation Limited — Others, 06-08-2025: Appointment

HUDCO's board approved the financial results for the quarter ended June 30, 2025, reporting a profit of ₹630.23 crore. The board declared a first interim dividend of ₹1.15 per equity share for FY25-26, with August 14 as the record date. The company raised ₹5,370 crore through non-convertible debt securities via private placement, fully utilizing these funds for operational needs like lending and debt repayment. Efforts to recover ₹663.46 crore from the Andrews Ganj Project are ongoing. The board also intends to appoint M/s VAP & Associates as Secretarial Auditor for five years, pending shareholder approval.