The Board of Directors at HUDCO, in their meeting on Monday, March 23, 2026, declared the 4th Interim Dividend for FY 2025-26 at ₹1.25 per equity share (12.50%). The Record Date for this dividend payment is set for Saturday, March 28, 2026. Additionally, the Board sanctioned the Annual Borrowing Plan for the Financial Year 2026-27, authorizing borrowing activities up to ₹70,000 Crore through diverse financial instruments.
HUDCO Board Meeting Outcome (March 23, 2026)
The Board of Directors of Housing and Urban Development Corporation Limited (HUDCO) met on Monday, March 23, 2026, to finalize key financial decisions concerning the current and upcoming fiscal years. The meeting commenced at 11:40 A.M. (IST) and concluded at 2:20 P.M. (IST).
Declaration of 4th Interim Dividend for FY 2025-26
The Board formally approved the declaration of the 4th Interim Dividend for the Financial Year 2025-26. The dividend amount approved is ₹1.25/- per equity share, which translates to @ 12.50% on the face value of ₹10/- each (subject to TDS deduction).
- Record Date: Saturday, March 28, 2026, has been fixed to determine the eligibility of shareholders for the dividend payment.
- Payment Timeline: The entire process for the payment of this Interim Dividend is mandated to be completed within 30 days of its declaration.
Annual Borrowing Plan for FY 2026-27
The Board also authorized the Annual Borrowing Plan for the Financial Year 2026-27, setting the aggregate target amount at up to ₹70,000 Crore. This extensive borrowing will be executed through a comprehensive mix of sources and modes.
Approved Sources for Borrowing
The authorized borrowing will utilize various financial tools, including but not limited to:
- Loans: Long-term and short-term loans, lines of credit, and borrowings from Banks (including those in equivalent foreign currency), multilateral institutions, and international agencies.
- Bonds/Debentures: Issuance of bonds/debentures of various types, specifically mentioning 54EC Capital Gain Tax Exemption bonds, Subordinated bonds, and Perpetual Tier-I and Tier-II Capital bonds.
- Paper Instruments: Commercial/structured paper(s) and External Commercial Borrowings (ECBs).
- Working Capital Facilities: Overdraft facility and Working Capital Demand Loans, along with Refinance assistance and loans against Fixed Deposits (FDs).
The exact quantum of borrowings raised through the issue of Bonds/debentures during the year will be periodically determined by the Bond Allotment Committee based on the Corporation’s real-time fund requirements.
Source: BSE
