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Housing & Urban Development Corporation LimitedImportant, 13-02-2026: Committee Meeting Updates

13-02-2026 | 01:50 pm

HUDCO's Bond Allotment Committee approved raising Rs. 1442 crore through perpetual subordinated, listed, unsecured, taxable, rated, non-convertible debentures via private placement. The total issue comprises a base size of Rs. 500 crore and a green shoe option of Rs. 942 crore. These debentures, each with a face value of Rs. 1 crore, will be listed on BSE and carry a coupon rate of 7.87%. The company has a call option after 10 years, subject to RBI approval. This issuance strengthens HUDCO's financial resources.

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