Housing & Urban Development Corporation Ltd. Declares Fourth Interim Dividend, Approves Borrowing Plan
Housing & Urban Development Corporation Limited (HUDCO), a Navratna Central Public Sector Enterprise, announced the declaration of a fourth interim dividend for the financial year 2025-26 and approved an annual borrowing plan during a board meeting held on March 23, 2026.Fourth Interim Dividend Declared
The board approved a fourth interim dividend of Rs. 1.25 per equity share, equivalent to a 12.50% payout on the face value of Rs. 10 per share. The record date for determining shareholder eligibility for the dividend is set for Saturday, March 28, 2026. The payment process is expected to be completed within 30 days of the declaration. Shareholders are directed to HUDCO's website for information regarding dividend taxation.Annual Borrowing Plan Approved
The board also approved an annual borrowing plan of up to Rs. 70,000 Crore for the financial year 2026-27. The borrowings are expected to come from various sources and modes, including long-term and short-term loans, lines of credit, bonds, debentures, commercial paper, foreign currency loans, external commercial borrowings, and assistance from multilateral institutions. The specifics of bond issuances will be determined by the Bond Allotment Committee based on ongoing funding needs.Source:
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