HUDCO Moves to Approve Rs 25 Billion NCD Issue

The Bond Allotment Committee of Housing and Urban Development Corporation Ltd (HUDCO) has proposed the approval of issuing non-convertible debentures (NCDs) worth up to Rs 25 billion. This move aligns with HUDCO’s strategy to strengthen its financial position and support infrastructure development across India.  

 

Key Highlights:  

This strategic financial move underscores HUDCO’s role in facilitating urban growth and infrastructure financing, further solidifying its position in the sector.  

 

Sources: HUDCO Regulatory Filing, The Hindu Business, Zee Business