SSPL WEALTH PVT LTD

Tuesday 06 May, 2025 06:22 PM

Yes Bank dismisses stake acquisition rumours, calls media report speculative CG Power Q4 PAT jumps 14% YoY to Rs 275 crore Bank of Baroda Q4 PAT rises 3% YoY to Rs 5,047 cr; declares dividend of 8.35/sh Alembic Pharma slips after Q4 PAT drops 12% YoY to Rs 157 cr Vedant Fashions slides after Q4 PAT fall 13% YoY; recommends final dividend of Rs 8/sh JBM Auto Q4 PAT rises 15% YoY to Rs 72 cr Bank of Baroda leads losers in 'A' group Ksolves India Ltd leads losers in 'B' group Polycab India spurts as Q4 PAT jumps 33% YoY to Rs 734 cr; declares dividend of Rs 35/sh Volumes soar at CCL Products (India) Ltd counter Safari Industries slips as Q4 PAT declines 13% YoY to Rs 38 crore HUDCO board approves issuance of NCDs amounting to Rs 2,190 crore Real Estate shares fall Axis Bank Ltd down for fifth straight session Bondada Engineering subsidiary receives purchase order from Bharti Airtel

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HUDCO board approves issuance of NCDs amounting to Rs 2,190 crore

06-May-25 14:24 Hrs IST

The proposed NCDs would be unsecured, taxable, redeemable and non-cumulative. Each NCD would have a face value of Rs 1 lakh each.

The NCDs would bear an annual coupon rate of 6.90% and would be redeemable at par at the end of the fifth year.

Housing & Urban Development Corporation (HUDCO) is primarily engaged in the business of financing housing and urban development activities in the country. As on December 2024, the Government of India held 75% in the company.

The company's consolidated net profit jumped 41.6% to Rs 735.03 crore while total income increased 36.9% to Rs 2770.14 crore in Q3 FY25 over Q3 FY24.

The scrip declined 4.06% to currently trade at Rs 219.65 on the BSE.

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