HUDCO has announced that its Board of Directors will convene on January 29, 2026, to review quarterly financial performance and consider key corporate actions for the ongoing financial year. The meeting will address multiple significant agenda items including financial results approval, dividend declaration, and borrowing plan enhancement.

Financial Results Review

The board will consider and approve the unaudited financial results, both standalone and consolidated, for the quarter and nine-months period ended December 31, 2025. This quarterly review represents the third quarter performance for the financial year 2025-26, providing stakeholders with insights into the company's operational and financial progress during this period.

Interim Dividend Consideration

A key agenda item involves the potential declaration of the third interim dividend for shareholders in FY2025-26. The company has set February 7, 2026, as the proposed record date for determining shareholder entitlement to the interim dividend payment, subject to board approval.

Shareholders have been advised to refer to taxation-related communications available on HUDCO's website under the Investors section for dividend tax implications.

Borrowing Plan Enhancement

The board will deliberate on enhancing the existing annual borrowing plan for FY2025-26, proposing an increase from ₹65,000.00 crore to ₹80,000.00 crore. This enhancement aims to support the company's operational requirements while ensuring compliance with shareholder-approved borrowing limits.

The proposed enhancement includes the condition that outstanding borrowings at any given time will not exceed the overall borrowing limit previously approved by shareholders.

Trading Window Restrictions

In compliance with SEBI regulations on insider trading, HUDCO has implemented trading window restrictions for company securities. The trading window, which closed on January 1, 2026, will remain closed until January 31, 2026, encompassing the board meeting period and financial results announcement.

The company has issued this notification pursuant to Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparent communication with stock exchanges and stakeholders regarding the upcoming board meeting and its agenda items.

Housing and Urban Development Corporation Limited (HUDCO) has received comprehensive credit rating reaffirmation from CARE Ratings Limited, covering instruments worth over ₹2.09 lakh crore. The rating agency reaffirmed its 'CARE AAA; Stable' rating across multiple facilities and bonds, underscoring HUDCO's strategic importance and robust financial position.

Rating Reaffirmation Details

CARE Ratings has maintained its highest credit ratings across HUDCO's diverse funding instruments. The comprehensive reaffirmation covers bank facilities, bonds, perpetual debt instruments, and commercial paper programs.

Strategic Importance and Government Support

The rating reaffirmation reflects HUDCO's strategic importance to the Government of India, which holds a 75.00% stake as of September 2025. HUDCO serves as the central nodal agency for the government's 'Housing For All' scheme and actively participates in key initiatives including Jal Jeevan Mission, AMRUT, and Pradhan Mantri Awas Yojana.

Financial Performance Highlights

HUDCO's financial metrics demonstrate strong operational performance and asset quality improvements:

Business Transformation and Growth

HUDCO successfully transitioned from a Non-Banking Financial Company - Housing Finance Company (NBFC-HFC) to NBFC-Infrastructure Finance Company (NBFC-IFC) in August 2024. This transition has enabled increased infrastructure financing, with urban infrastructure now comprising 65% of the loan book compared to 35% for housing as of September 2025.

The company's loan portfolio maintains strong credit quality with 98.70% lending to the government sector and 87.76% of gross loans secured by government guarantees, significantly reducing credit risk exposure.

Outlook and Market Position

CARE Ratings expects HUDCO to maintain its strategic importance to the Government of India while continuing to demonstrate healthy profitability, capitalization, and asset quality. The stable outlook reflects confidence in HUDCO's role in implementing national infrastructure initiatives under the National Infrastructure Pipeline.

With over five decades of operational experience and strong government backing, HUDCO remains well-positioned to capitalize on India's infrastructure development opportunities while maintaining its leadership position in housing and urban development financing.