HUDCO appoints Beetal Financial as new registrar

0 min read     Updated on 09 Jun 2026, 04:14 AM
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Housing and Urban Development Corporation Limited executed a tripartite agreement on June 4, 2026, to replace Alankit Assignments Limited with Beetal Financial & Computer Services (P) Limited as its Registrar & Share Transfer Agent, following prior intimations in early 2025.

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Housing and Urban Development Corporation Limited has entered into a tripartite agreement to change its Registrar & Share Transfer Agent from Alankit Assignments Limited to Beetal Financial & Computer Services (P) Limited. The agreement was executed on June 4, 2026, under Regulation 7 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The transition follows previous intimations sent by the company on February 7, 2025, February 28, 2025, and April 26, 2025. This move shifts the responsibility for managing shareholder records and transfers to the new entity.

Key Details of the Change

Aspect Details
Previous RTA Alankit Assignments Limited
New RTA Beetal Financial & Computer Services (P) Limited
Agreement Date June 4, 2026
Regulatory Reference Regulation 7 of SEBI (LODR) Regulations, 2015

The intimation was submitted to BSE Limited and the National Stock Exchange of India Limited. The company confirmed that the agreement is now in effect for record-keeping purposes.

Historical Stock Returns for HUDCO

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+0.30%-7.21%-9.37%-15.63%+297.51%

What strategic benefits does HUDCO expect to gain by switching its registrar to Beetal Financial?

How will this transition impact the efficiency of shareholder services during the initial phase?

Is this move part of a broader trend among public sector undertakings to change their registrars?

HUDCO Discloses Completion of Independent Director Dr. Ravindra Kumar Ray's Tenure

1 min read     Updated on 19 May 2026, 01:19 PM
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HUDCO, a Government of India Navratna CPSE, disclosed the completion of Independent Director Dr. Ravindra Kumar Ray's one-year tenure on 14th May, 2026, as per MoHUA order No. A-42012(12)/2/2019-AA-UD-Part(1)(E-9086347) dated 15th May, 2025. The regulatory disclosure under SEBI (LODR) Regulations, 2015 was filed with BSE and NSE on 15th May, 2026, by Company Secretary & Compliance Officer Vikas Goyal.

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Housing and Urban Development Corporation Limited , a Government of India enterprise and Navratna CPSE, has disclosed the completion of tenure of its Independent Director, Dr. Ravindra Kumar Ray, effective 14th May, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Completion of Independent Director's Tenure

Dr. Ravindra Kumar Ray ceased to hold the position of Independent Director of HUDCO upon completion of his one-year term of appointment on 14th May, 2026. His appointment had been made in accordance with the Ministry of Housing and Urban Affairs (MoHUA), Government of India order. The key details of the development are as follows:

Parameter: Details
Director Name: Dr. Ravindra Kumar Ray
Designation: Independent Director
Appointment Order No.: A-42012(12)/2/2019-AA-UD-Part(1)(E-9086347)
Order Date: 15th May, 2025
Issuing Authority: Ministry of Housing and Urban Affairs (MoHUA), Government of India
Term of Appointment: One year
Date of Cessation: 14th May, 2026
Regulatory Basis: Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The corporate disclosure was communicated to both BSE Limited and the National Stock Exchange of India Limited on 15th May, 2026, by Vikas Goyal, Company Secretary & Compliance Officer of HUDCO. The communication confirms that Dr. Ravindra Kumar Ray's cessation from the board is a result of the natural completion of his term, as stipulated in the MoHUA appointment order dated 15th May, 2025.

Historical Stock Returns for HUDCO

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+0.30%-7.21%-9.37%-15.63%+297.51%

Who is likely to be appointed as the next Independent Director of HUDCO by MoHUA, and what criteria will guide the selection process?

How might the temporary vacancy in HUDCO's board composition affect its compliance with SEBI's minimum independent director requirements?

Could the frequent one-year term appointments of Independent Directors at HUDCO impact the company's long-term governance stability and investor confidence?

More News on HUDCO

1 Year Returns:-15.63%