In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Housing & Urban Development Corporation has informed that Moody’s Investors Service, Singapore, by Credit opinion dated November 17th, 2022 has communicated as: Moody’s Investor Service, Singapore has affirmed the ratings of Housing and Urban Development Corporation (HUDCO) at ‘Baa3’ level with ‘Stable’ outlook, equivalent to that of India’s Sovereign Rating. The Credit Opinion in this regard published by Moody’s Investors Service is attached.
The above information is a part of company’s filings submitted to BSE.