4) Housing & Urban Development Corporation Limited
HUDCO (Housing & Urban Development Corporation Limited)
HUDCO zoomed by 11 per cent to close the day at 23.85.
HUDCO informed the Exchange that the Committee of the Board approved the issue/allotment of Unsecured, Redeemable, Non-Convertible, Non-Cumulative Taxable Bonds in the nature of debentures on a private placement basis. Bonds are aggregating upto Rs. 1,470 crore. It will have a face value of Rs.10,00,000 each. Board meeting was held on 12 May, 2020.