HUDCO Set to Raise ₹3,000 Cr Through NCDs at 6.64%

has announced a plan to raise up to ₹3,000 crore by issuing unsecured, redeemable Non-Convertible Debentures (NCDs) via private placement. The issue consists of a base amount of ₹500 crore and an additional green shoe option of ₹2,500 crore. The NCDs will carry an annual coupon rate of 6.64%, with interest payouts scheduled on June 17, 2026; July 17, 2027; and July 17, 2028. These bonds will mature after three years and will be redeemed at par, with no asset backing or collateral involved. HUDCO continues to demonstrate stable debt servicing, with no history of defaults or delays. From a capital structure standpoint, this move appears aimed at efficiently managing funding costs and supporting future growth, without taking on undue risk or diluting equity. Follow me for more such updates, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.