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Financial Institution
Management Change15 May 2026, 11:10 am

HUDCO: Ravindra Kumar Ray's Tenure as Independent Director Ends

AI Summary

Dr. Ravindra Kumar Ray ceased to be an Independent Director of Housing & Urban Development Corporation Ltd (HUDCO) on May 14, 2026, following the completion of his one-year term. The cessation is in accordance with Order No. A-42012(12)/2/2019-AA-UD-Part(1)(E-9086347) dated May 15, 2025, issued by the Ministry of Housing and Urban Affairs, Government of India. This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Dr. Ravindra Kumar Ray's tenure as HUDCO Independent Director ended May 14, 2026.
  • The cessation follows a one-year term as per MoHUA order dated May 15, 2025.
  • The disclosure complies with SEBI's Listing Obligations and Disclosure Requirements.