Housing and Urban Development Corporation Limited (HUDCO) has announced that two of its Independent Directors, Shri Kantilal Chaturbhai Patel and Smt. Sabitha Bojan, have officially ceased their roles. Their departure follows the completion of their one-year term of appointment, which concluded on April 6, 2026. The company has formally acknowledged their exit following the expiration of their tenure as per government guidelines.
Board Composition Update
HUDCO has officially confirmed the conclusion of the board terms for two of its Independent Directors. As of April 6, 2026, both Shri Kantilal Chaturbhai Patel and Smt. Sabitha Bojan have stepped down from their positions. These departures were part of the natural completion of their one-year appointment terms, which had been previously established under official ministerial orders.
Leadership Transition
The company maintains a focus on its ongoing corporate governance and strategic objectives as it manages this transition in its board composition. The leadership team remains committed to the organization’s vision of supporting India’s infrastructure and housing development sectors. Following the conclusion of these terms, HUDCO continues its operations with a focus on its core mission of building assets for the nation.
Source: BSE
