New Delhi, March 27 -- HUDCO share price jumped more than 3% on Thursday after the company announced plans to raise up to Rs.2,000 crore through a private placement of debt securities. HUDCO shares gained as much as 3.48% to Rs.203.50 apiece on the BSE.

The board of directors of Housing & Urban Development Corporation Ltd (HUDCO), in a meeting held on March 27, approved raising of Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative Debentures (NCDs) with a face value of Rs.1,00,000 each (Series -G 2024) on a private placement basis.

"...this is to inform that the 'Bond Allotment Committee' in their meeting held today i.e., 27" March, 2025, has approved the raising of Bonds as Unsecured, Taxable, Redeemable, Non-Convertible, ...