HUDCO Plans To Raise Up To Rs 3,000 Crore Via Issue Of Debentures

Housing and Urban Development Corp. on Thursday said it plans to raise up to Rs 3,000 crore through the issuance of non-convertible debentures. In a regulatory filing, HUDCO informed that the 'Bond Allotment Committee' has approved the raising of debentures aggregating up to Rs 3,000 crore.

HUDCO is engaged in financing of housing and urban infrastructure projects.