HUDCO Raises Rs 1,905 Cr Via Bonds
x
HUDCO raises Rs 1,905 crore through bond issuance at 6.98% coupon. Funds to support housing & urban infrastructure projects for Viksit Bharat 2047.
New Delhi, Dec 11 (PTI) Housing and Urban Development Corporation Ltd (HUDCO) has raised Rs 1,905 crore by issuing bonds.
In a statement on Thursday, the company said the amount was raised through a 7-year bond issuance at a competitive coupon of 6.98 per cent on the SEBI-mandated electronic bidding platform.
Sanjay Kulshrestha, Chairman, HUDCO, said the company is "committed to optimising its cost with an objective to ensure creation of bankable, sustainable and resilient infrastructure, thereby supplementing the efforts of the Government of India for Viksit Bharat at 2047".
HUDCO finances housing and urban infrastructure projects.
In a statement on Thursday, the company said the amount was raised through a 7-year bond issuance at a competitive coupon of 6.98 per cent on the SEBI-mandated electronic bidding platform.
Sanjay Kulshrestha, Chairman, HUDCO, said the company is "committed to optimising its cost with an objective to ensure creation of bankable, sustainable and resilient infrastructure, thereby supplementing the efforts of the Government of India for Viksit Bharat at 2047".
HUDCO finances housing and urban infrastructure projects.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.25 (+ 4.85)
- 124593459
- Mangalam-Industrial
- 0.90 (+ 4.65)
- 43018654
- Welcure-Drugs-and
- 0.50 (+ 4.17)
- 39983710
- Alstone-Textiles
- 0.29 ( -3.33)
- 27516634
- Murae-Organisor
- 0.27 (+ 3.85)
- 26520405
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback