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News for India > Business > HUDCO board approves ₹2,190 crore fundraise via NCDs on private placement basis | Stock Market News
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HUDCO board approves ₹2,190 crore fundraise via NCDs on private placement basis | Stock Market News

Last updated: May 6, 2025 1:12 pm
1 year ago
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Stock market today: Public sector undertaking (PSU) HUDCO’s board on Tuesday, May 6, approved raising ₹2,190 crore via non-convertible debentures, according to an exchange filing shared by the company.

As part of its fundraising plan, HUDCO’s Bond Allotment Committee allowed raising funds via unsecured, taxable, redeemable, non-convertible, non-cumulative NCDs of face value of ₹1,00,000 each (Series-B 2025) aggregating up to ₹2,190 crore on a private placement basis. 



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