Housing and Urban Development Corporation Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to provide financial assistance of Rs 1,00,000 crore for infrastructure projects. The agreement, signed on June 17, 2026, at Gandhinagar, aims to support the overall economic development of the state through large-scale infrastructure creation over the next two years.

The financial assistance is valid for two years commencing from May 2026. HUDCO will extend funds on flexible terms and conditions, including a moratorium period and a flexible repayment schedule, to identified infrastructure projects across Gujarat. The state government will facilitate the necessary permissions, registrations, approvals, and clearances from concerned departments as per existing policies.

Key Terms of the Agreement

The MoU outlines the framework for HUDCO's lending to various sectors within the state. The financing will be provided as per HUDCO's prevailing guidelines and norms. The primary objective is to ensure time-bound financing for projects that contribute to the state's economic development.

The agreement was signed by Sandeep Kumar, IAS, Secretary (Economic Affairs) on behalf of the Finance Department, Government of Gujarat, and Sanjay Kulshrestha, Chairman and Managing Director, on behalf of HUDCO.

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

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.