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Housing and Urban Development Corporation informs about change in directorship

17 Jun 2019 Evaluate

The Ministry of Housing and Urban Affairs (the then Ministry of Housing & Urban Poverty Alleviation), Government of India vide Order No. N-14024/10/90-H/AA (Vol.III) (Part-II) (FTS-15721) dated 17th June, 2016 had appointed Mukesh Arya and Prof. Chetan V. Vaidya as Part time Non-Official Independent Directors on the Board of Housing and Urban Development Corporation (HUDCO), for a period of three years, from the date of issue of order or until further orders, whichever is earlier. In terms of Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, HUDCO has informed that the tenure of both Part time Non-Official Independent Directors has ended on 16th June, 2019 after expiry of the term of three years from the date of their appointment on 17th June, 2016 and hence, have ceased to be Directors on the Board of the Company with effect from 17th June, 2019.

The above information is a part of company’s filings submitted to BSE.

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