Housing & Urban Development Corporation Ltd

Housing & Urban Development Corporation Ltd (HUDCO) has been assigned an ESG Rating of 65.13, categorized as 'Performer', by Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The rating was determined based on publicly available information, and HUDCO did not engage the rating provider for this assessment. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Housing & Urban Development Corporation Ltd (HUDCO) has been assigned an ESG rating of '64 Strong' by CRISIL ESG Ratings & Analytics Limited. The rating was assigned based on publicly available information, and HUDCO did not engage CRISIL for this rating. This 'Strong' ESG score indicates a robust environmental, social, and governance performance by the company.

Housing & Urban Development Corporation Ltd (HUDCO) has been assigned an ESG Rating of 61.5 with a 'B' grade by SES ESG Research Pvt Ltd. Notably, HUDCO did not engage SES ESG Research for this rating, which was determined based on publicly available information. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Housing & Urban Development Corporation Ltd (HUDCO) has announced the appointment of M/s S A R C & Associates, Chartered Accountants, as its Statutory Auditors for the financial year 2026-2027. The appointment was conveyed by the Comptroller and Auditor General of India (CAG) via a letter dated September 8, 2026, in accordance with Section 139 of the Companies Act, 2013. S A R C & Associates will also be responsible for auditing HUDCO's Consolidated Financial Statements for the same fiscal year. The firm, established in 1986, has over 40 years of experience, 17 partners, and more than 200 professionals across 14 branches. They are empanelled with various prestigious institutions including RBI, C&AG, and Indian Bank's Association, and hold ISO 9001:2015 and ISO/IEC 27001:2022 certifications.

Housing & Urban Development Corporation Ltd (HUDCO) has been assigned an ESG Rating of 'Strong' by ESG Risk Assessments and Insights Limited. The rating was determined based on publicly available information, and HUDCO did not engage the rating provider for this assessment. This 'Strong' rating signifies a positive evaluation of HUDCO's environmental, social, and governance practices.

Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Bihar to provide financial assistance of up to ₹25,000 Crore over five years. This funding will support the development of industrial infrastructure, including land acquisition, across Bihar. The MoU aims to facilitate the planning, development, and financing of proposed Industrial Parks in a time-bound manner. Loans will be disbursed in tranches with flexible repayment terms up to 25 years, secured by project revenues or state budget allocations.

Housing and Urban Development Corporation Limited (HUDCO) has announced a corporate disclosure regarding a change in shareholding structure. The Government of India, through the Department of Investment and Public Asset Management (DIPAM), has decided to transfer shares held by the Ministry of Rural Development to the demat account of the Ministry of Housing and Urban Affairs. This internal restructuring will not alter the total Government of India shareholding, which remains at 75%. The administrative ministry, Ministry of Housing and Urban Affairs, currently holds 54.27%, while the Ministry of Rural Development holds 20.73%. This move is an administrative decision and does not impact the company's operational or financial standing.

Housing & Urban Development Corporation Ltd (HUDCO) has announced its 56th Annual General Meeting (AGM) will be held on August 24, 2026, at 11:30 AM IST via Video Conferencing. The company has also released its Annual Report for the Financial Year 2025-26, which includes the AGM notice. The report is being sent electronically to members and is available on HUDCO's website and stock exchange portals. The filing also includes unaudited consolidated financial results for the quarter ended June 30, 2026, showing a Net Profit of ₹305.64 crore.

Housing & Urban Development Corporation Ltd (HUDCO) has submitted its Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26. This report, which forms part of the Annual Report for FY 2025-26, was filed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The BRSR provides general disclosures, including the company's CIN, year of incorporation (1970), and contact details. It confirms reporting on a standalone basis with reasonable assurance from M/s. Mehta & Mehta. HUDCO's core business is financial services, specifically housing and urban infrastructure finance, contributing 99.59% of its turnover. The company operates nationally through 33 offices, serving state governments and parastatal agencies. In FY 2025-26, HUDCO sanctioned loans worth ₹1,64,757 Crore and disbursed ₹51,194.21 Crore for housing and infrastructure projects, including sustainable energy initiatives. The report also details employee statistics, showing 585 permanent employees.

Housing and Urban Development Corporation Limited (HUDCO) has announced its 56th Annual General Meeting (AGM) will be held on Monday, August 24, 2026, at 11:30 A.M. IST via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company is also submitting its Annual Report for the Financial Year 2025-26, which includes the Notice of the 56th AGM, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report will be sent electronically to members with registered email addresses and a web-link will be provided to those without registered emails. The Annual Report and AGM Notice are available on HUDCO's website and the websites of BSE, NSE, and NSDL.