The agreement is effective from the date of signing and will remain valid until the end of FY2030, with a provision for extension. It is an in-principle arrangement, with funding for individual projects subject to HUDCO’s due diligence and mutually agreed terms and conditions.
Housing & Urban Development Corporation (HUDCO) is primarily engaged in the business of financing housing and urban development activities in the country.
The company had recorded a 3.08% rise in consolidated net profit to Rs 709.83 crore on a 27.85% increase in revenue to Rs 3,219.03 crore in Q2 FY26 as compared with Q2 FY25.
Shares of Housing & Urban Development Corporation shed 0.66% to Rs 225.30 on the BSE.
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