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Housing & Urban Development Corporation informs about outcome of board meeting

22 Mar 2022 Evaluate

Housing & Urban Development Corporation has informed that the Board in its meeting held on 22nd March, 2022 today, has approved the payment of interim dividend for the financial year 2021-22 @ 7.50%, Rs. 0.75 per equity share of Rs 10 each. Further, the Record date of 30th March, 2022, fixed for determining the eligibility of shareholders for payment of Interim Dividend for the financial year 2021-22 (already intimated, vide our letter 15th March, 2022) has been confirmed by the Board of Directors in the aforesaid meeting. Further, the matter relating to raising of funds through issue of bonds/ debentures, as may be permitted by the regulatory authorities from time to time during the financial year 2022-23 up to a maximum of Rs 7000 crores, has also been approved by the Board. The process for payment of Interim Dividend will be completed within 30 days of its declaration. The Board meeting commenced at 11.30 am and concluded at 2.45 pm.

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

Housing & Urban Dev. Share Price

197.00 3.35 (1.73%)
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