Board of HUDCO approves borrowing programme of Rs 65,000 cr for FY26

At meeting held on 04 April 2025
The Board of Housing & Urban Development Corporation at its meeting held on 04 April 2025 has approved the following:i. Annual Resource plan/ Borrowing programme (raising of funds) up to a maximum amount of Rs.65,000 crore during the financial year 2025-26, depending upon actual funds requirement; and
ii. Increase in overall borrowing limit to Rs.2,50,000 crore from existing limit of Rs.1,50,000 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
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 05 2025 | 2:36 PM IST
