HUDCO announced that Shri LVS Sudhakar Babu, ED(Finance), has been relieved from the services of HUDCO due to his appointment as Managing Director of Sagarmala Finance Corporation Limited. As a result, he has ceased to be a Key Managerial Personnel of the Company, effective November 6, 2025. This announcement provides information on changes in key personnel.
Key Personnel Update
Shri LVS Sudhakar Babu, formerly ED(Finance) at HUDCO, has been relieved from his duties with effect from November 6, 2025. This change is due to his new appointment as Managing Director of Sagarmala Finance Corporation Limited.
Impact on Key Roles
With Shri LVS Sudhakar Babu’s departure, he no longer holds the position of Key Managerial Personnel at HUDCO. This announcement serves to update stakeholders on the Company’s leadership structure.
Source: BSE
