HUDCO

's board to consider Rs 65,000 crore borrowing plan

's board is scheduled to meet on April 4, 2025, to review a borrowing plan of up to ₹65,000 crore for the fiscal year 2026. This plan aims to support the company's financial requirements and potentially increase its overall borrowing limit to ₹2.5 lakh crore. - Key Details of the Borrowing Plan Meeting Date: April 4, 2025 Proposed Borrowing Amount: ₹65,000 crore for FY26 Current Borrowing Limit: ₹1.5 lakh crore Proposed New Borrowing Limit: ₹2.5 lakh crore Strategic Goals Expansion of Loan Book: aims to increase its loan book to ₹1.5 lakh crore, surpassing the current fiscal target of ₹1.2 lakh crore. Focus on Urban Infrastructure: The borrowing plan is aligned with the rising demand for urban infrastructure financing, which is critical for the company's growth. Recent Financial Performance Strong Recovery: HUDCO shares have seen a significant rebound, rising approximately 23% over the past month, recovering from a 52-week low of ₹159. Recent Fundraising: The company raised ₹2,000 crore through non-convertible debentures at a coupon rate of 7.19%, indicating robust financial strategies. Future Outlook Investor Interest: Investors are closely monitoring the board's decisions, as they will significantly impact 's financial trajectory and market position in the urban infrastructure sector. Potential for Growth: With the proposed borrowing plan, HUDCO is well-positioned to expand its financing capabilities for housing and urban development projects across India.