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.
