Housing & Urban Development Corporation Limited — Board Meeting, 06-08-2025: Outcome of Board Meeting

HUDCO has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025, reporting a profit of ₹630.23 Cr. Shareholders will receive a first interim dividend of ₹1.15 per equity share for FY25-26, with the record date set for August 14, 2025. The board also approved the proposal for the appointment of M/s VAP & Associates as Secretarial Auditor. In a significant financial move, HUDCO raised ₹5,370 Cr through non-convertible debt securities via private placement, and an additional ₹2.22 Cr via 54EC Capital Gain Bonds, bolstering resources for lending and debt management. The company also confirmed strong liquidity and no default on its debt obligations.