Board of HUDCO approved fund raising up to Rs 40,000 cr in FY 2024-25,
The Board of Housing & Urban Development Corporation at its meeting held on 20 March 2024 has approved raising of funds through issue of bonds/debentures, up to a maximum amount of Rs. 40,000 Crore during financial year 2024-25, depending upon actual funds requirement; and increase in overall borrowing limit to Rs. 1,50,000 crore from existing limit of Rs.1,00,000 crore as earlier approved by shareholders u/s 180(1)(c) of the Companies Act, 2013, subject to the approval of same by Shareholders. Powered by Capital Market - Live News
Board of Housing & Urban Development Corp. recommends Interim Dividend,
Housing & Urban Development Corp. announced that the Board of Directors of the Company at its meeting held on 20 March 2024, has recommended a Interim dividend of Rs.1.5 per share (i.e.15%), subject to the approval of the shareholders.Powered by Capital Market - Live News
Housing & Urban Development Corp. to hold board meeting,
Housing & Urban Development Corp. will hold a meeting of the Board of Directors of the Company on 20 March 2024.Powered by Capital Market - Live News
HUDCO director resigns,
Housing & Urban Development Corporation announced the resignation of Banshi Lal Gujar (DIN: 09462128), Non-Official (Independent) Director with effect from 07 March 2024 consequent to his appointment as a Member of Parliament (Rajya Sabha). Powered by Capital Market - Live News
HUDCO signs MoU with Maharashtra State Electricity Distribution Company,
Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with Maharashtra State Electricity Distribution Company (Mahavitaran), on 7 March 2024 at Mumbai, for providing of credit of up to Rs 5000 crore for the largest feeder level solarization scheme in India under PM-KUSUM Scheme. Powered by Capital Market - Live News
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