HUDCO has fulfilled its regulatory obligations by submitting a compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 8, 2026, to stock exchanges and depositories as part of mandatory quarterly compliance requirements.

Regulatory Compliance Details

The certificate was issued by Beetal Financial and Computer Services Private Limited, which serves as HUDCO's SEBI-approved registrar and share transfer agent. The compliance covers the period from January 1, 2026 to March 31, 2026, confirming proper handling of securities dematerialization processes.

Certificate Confirmation

Beetal Financial and Computer Services confirmed that all securities received from Depository Participants for dematerialization during the quarter were properly processed. The registrar verified that:

• Securities received for dematerialization were confirmed to depositories within stipulated timelines
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within 15 days

Stakeholder Communication

The compliance certificate was simultaneously submitted to multiple regulatory bodies and stock exchanges. HUDCO's Company Secretary and Compliance Officer, Vikas Goyal, digitally signed the submission, ensuring proper authentication of the regulatory filing.

About the Regulation

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates quarterly compliance certificates from listed companies regarding their dematerialization processes. This ensures transparency and proper handling of securities in electronic form, protecting investor interests and maintaining market integrity.

HUDCO has announced the completion of tenure for two Independent Directors, marking a significant board transition for the Navratna public sector enterprise. The company informed stock exchanges on 7th April, 2026, about the cessation of directorship positions effective from the previous day.

Board Changes and Regulatory Compliance

The disclosure was made in compliance with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows Orders No. A-42012(12)/2/2019-AA-UD-Part(1)(E-9086347) dated 7th April, 2025, issued by the Ministry of Housing and Urban Affairs (MoHUA), Government of India.

Directors Completing Tenure

The following Independent Directors ceased to hold their positions upon completion of their one-year term of appointment on 6th April, 2026:

Corporate Governance Framework

The tenure completion represents part of HUDCO's ongoing corporate governance practices as a government enterprise. Both directors served a one-year term as Independent Directors, with their appointments originally sanctioned through government orders from the Ministry of Housing and Urban Affairs.

Company Profile

Housing and Urban Development Corporation Limited operates as a Navratna Central Public Sector Enterprise under the Government of India. The company maintains ISO 9001:2015 certification and is headquartered at Core-7A, HUDCO Bhawan, India Habitat Centre, Lodhi Road, New Delhi. The formal communication was signed by Vikas Goyal, Company Secretary & Compliance Officer, ensuring proper regulatory disclosure to both BSE Limited and National Stock Exchange of India Limited.