Mumbai, April 5 -- The Board of Housing & Urban Development Corporation at its meeting held on 04 April 2025 has approved the following:

i. Annual Resource plan/ Borrowing programme (raising of funds) up to a maximum amount of Rs.65,000 crore during the financial year 2025-26, depending upon actual funds requirement; and

ii. Increase in overall borrowing limit to Rs.2,50,000 crore from existing limit of Rs.1,50,000 crore as earlier approved by shareholders u/s 180(1)(c) of the Companies Act, 2013, subject to the approval of same by Shareholders.

Published by HT Digital Content Services with permission from Capital Market....