Housing & Urban Development Corporation Limited (HUDCO) has announced a board meeting on December 26, 2024, to deliberate on raising funds.
Housing & Urban Development Corporation Limited has informed the stock exchange about an upcoming board meeting scheduled for December 26, 2024.
The key agenda for this meeting will be fundraising, with the company looking to raise capital.
In a recent development, HUDCO signed a Memorandum of Understanding (MoU) with the Delhi Development Authority (DDA) on December 10, 2024.
The MoU outlines HUDCO’s role in organising Capacity Building Programmes for DDA officials and providing consultancy services for various ongoing and upcoming projects.
These projects span across residential (including affordable housing), commercial, institutional, and mixed-use sectors, contributing to housing, urban development, and infrastructure growth.
On December 20, 2024, Housing & Urban Development Corporation’s share price traded 1.02% higher at ₹247.39 by 11:50 AM on the NSE. The stock opened at ₹244.40, slightly lower against ₹244.88 at the previous close.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Dec 20, 2024, 11:54 AM IST
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