In compliance of Clause 50 (2) & (3) of Chapter V of SEBI Listing Regulations, 2015, Housing & Urban Development Corporation has informed that the Committee of Board in its meeting proposed to be held on 11th December, 2018 proposes to approve issue/allotment of Unsecured, Redeemable, Non-Convertible, Non-Cumulative Taxable Bonds in the nature of debentures of face value of Rs 10,00,000 each (Series-C 2018) aggregating up to Rs 1,000 crores on private placement basis as per Term Sheet enclosed.
The above information is a part of company’s filings submitted to BSE.