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Housing & Urban Development Corporation informs about board meeting

15 Jan 2025 Evaluate
Housing & Urban Development Corporation has informed that the meeting of Board of Directors is scheduled to be held on Wednesday, 22nd January, 2025, to consider and approve unaudited financial results for the quarter and nine-months period ended 31st December, 2024. Further intimate that the Board along with the above stated agenda, will also consider the matters relating to: Declaration of interim dividend for the Financial Year 2024-25; and Enhancement of existing borrowing plan/ programme for the financial year 2024-25 from Rs.40,000 Crore to Rs.55,000 Crore subject to the outstanding borrowings at any given point of time not exceeding the overall borrowing limit approved by the shareholders. Further, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Record Date for determining the entitlement of the shareholders for the payment of interim dividend shall be Thursday, 30th January, 2025, subject to approval of Board of Directors. 

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

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