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HUDCO sets sights on Rs. 65,000 Cr fundraise as borrowing cap gets a boost

In a strategic move to power its financial roadmap for FY 2025–26, HUDCO’s Board of Directors has given the green light to raise funds of up to ₹65,000 crore. The decision was finalized during the board meeting held on April 4, 2025.

As per the company’s official filing under Regulation 30 of SEBI (LODR) Regulations, 2015, the board has approved two key resolutions:

  1. Annual Resource Mobilization Plan – A borrowing program of up to ₹65,000 crore has been sanctioned for the upcoming financial year, with actual borrowings to align with operational requirements.
  2. Enhanced Borrowing Limit – The overall borrowing cap has been proposed to increase from ₹1,50,000 crore to ₹2,50,000 crore, subject to shareholder approval under Section 180(1)(c) of the Companies Act, 2013.

Despite this bold financial stride, HUDCO’s shares slipped 3.91% to ₹201.62 in today’s trading session.

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