Bond Allotment Committee Meeting for considering fund raising
As filed · Housing & Urban Development Corporation Limited has informed the Exchange regarding Bond Allotment Committee Meeting for considering fund raising
CapitalWatchNotablemateriality 66 out of 100
What happened
FactHousing & Urban Development Corporation Limited has informed the Exchange regarding Bond Allotment Committee Meeting for considering fund raising. Rs. 1,00,000 each (Series - C 2025) on. Cumulative NCDs of face value of Rs. 1,00,000 each (Series-C 2025) aggregating upto Rs. 750.00 Crore on Private.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- We are trying to achieve this INR3 lakh crores loan book, which we are trying by 2030 and a lot of efforts we (management committed by FY30)
- Maybe I think next financial year, it will pick up in a big way. (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%