General information about company | ||
| Scrip code | 540530 | |
| NSE Symbol | HUDCO | |
| MSEI Symbol | NOTLISTED | |
| ISIN | INE031A01017 | |
| Name of the entity | Housing & Urban Development Corporation Limited | |
| Date of start of financial year | 01-04-2025 | |
| Date of end of financial year | 31-03-2026 | |
| Reporting Quarter Type | Half Yearly | |
| Date of Quarter Ending | 30-09-2025 | |
| Type of company | Equity | |
| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | Yes | |
| Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? | Yes | |
| Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? | No | No such case |
| Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? | No | No such case |
| Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? | No | No such case |
| Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? | No | No such case |
| Risk management committee | Applicable | |
| Market Capitalisation as per immediate previous Financial Year | Top 500 listed entities | |
| Is SCORE ID Available ? | Yes | |
| SCORE Registration ID | h00230 | |
| Reason For No SCORE ID | ||
| Type of Submission | Original | |
| Remarks (website dissemination) | ||
| Remarks for Exchange (not for Website Dissemination) | ||
Annexure I | |||||||||||||||||||||||||
Annexure I to be submitted by listed entity on quarterly basis | |||||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
| Disclosure of notes on composition of board of directors explanatory | Textual Information(1) | ||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | |||||||||||||||||
| 1 | Mr | SANJAY KULSHRESTHA | 06428038 | Executive Director | Chairperson | CEO-MD | |||||||||||||||||||
| 2 | Mr | M NAGARAJ | 05184848 | Executive Director | Not Applicable | ||||||||||||||||||||
| 3 | Mr | DALJEET SINGH KHATRI | 06630234 | Executive Director | Not Applicable | ||||||||||||||||||||
| 4 | Mr | SOLOMON AROKIARAJ | 06802660 | Non-Executive - Nominee Director | Not Applicable | ||||||||||||||||||||
| 5 | Mr | SANJEET | 09833776 | Non-Executive - Nominee Director | Not Applicable | ||||||||||||||||||||
| 6 | Mr | BALDEO PURUSHARTHA | 07570116 | Non-Executive - Nominee Director | Not Applicable | ||||||||||||||||||||
| 7 | Mrs | SABITHA BOJAN | 09398364 | Non-Executive - Independent Director | Not Applicable | ||||||||||||||||||||
| 8 | Mr | KANTILAL CHATURBHAI PATEL | 06610367 | Non-Executive - Independent Director | Not Applicable | ||||||||||||||||||||
| 9 | Mr | RAVINDRA KUMAR RAY | 09394495 | Non-Executive - Independent Director | Not Applicable | ||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | Active | |||||||||||||||||||||||
| 7 | No | Active | |||||||||||||||||||||||
| 8 | No | Active | |||||||||||||||||||||||
| 9 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure of director (in months) | No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) | No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & reg. 17A(2)] | Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) | No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) | Reason for Cessation | Notes for not providing PAN | Notes for not providing DIN | ||||||||||||||
| 1 | NA | 16-10-2023 | 25-09-2024 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 2 | NA | 01-02-2019 | 15-09-2025 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 3 | NA | 14-08-2024 | 25-09-2024 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 4 | NA | 29-10-2024 | 02-09-2025 | 0 | 0 | 0 | 0 | Others | |||||||||||||||||||
| 5 | NA | 22-12-2022 | 2 | 0 | 7 | 2 | |||||||||||||||||||||
| 6 | NA | 08-09-2025 | 15-09-2025 | 3 | 0 | 4 | 0 | ||||||||||||||||||||
| 7 | NA | 22-11-2021 | 28-04-2025 | 5.03 | 1 | 1 | 1 | 0 | |||||||||||||||||||
| 8 | NA | 28-04-2025 | 5.03 | 1 | 1 | 2 | 1 | ||||||||||||||||||||
| 9 | NA | 22-11-2021 | 29-05-2025 | 4.03 | 1 | 1 | 1 | 0 | |||||||||||||||||||
Text Block | |
| Textual Information(1) | 1. As on 30th September,2025, Board of HUDCO consists of 8 Directors, comprising 3 Functional Directors (including Chairman & Managing Director), 2 Government Nominee Directors and 3 Independent Directors against the requirement of 5 Independent Directors. The power to appoint directors vests with the President of India exercised through Administrative Ministry, i.e., MoHUA. MoHUA has already been requested to fill the vacancy of Independent Directors. 2. Pursuant to Office Order dated 26.08.2025 (received vide email dated 02.09.2025) of Ministry of Housing and Urban Affairs, Shri Solomon Arokiaraj, Additional Secretary (FM), Department of Economic Affairs, Ministry of Finance, ceased to be part-time Official Director of HUDCO w.e.f. 02.09.2025. 3. Pursuant to Ministry of Housing and Urban Affairs (MoHUA) Order dated 26.08.2025 (received vide email dated 02.09.2025), the Board of Directors has, through resolution passed by circulation on 8th September, 2025, approved the appointment of Shri Baldeo Purushartha as Part-time (Non-Official) (Govt. Nominee) Director. The tenure of Shri Baldeo Purushartha had ended on 15.09.2025 i.e. Date of 55th AGM. Further, the Board has, through resolution passed by circulation on 15.09.2025 re-appointed Shri Baldeo Purushartha as Part-time (Non-Official) (Govt. Nominee) Director. |
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 06610367 | KANTILAL CHATURBHAI PATEL | Non-Executive - Independent Director | Chairperson | 29-04-2025 | ||
| 2 | 09833776 | SANJEET | Non-Executive - Nominee Director | Member | 25-01-2023 | ||
| 3 | 09398364 | SABITHA BOJAN | Non-Executive - Independent Director | Member | 29-04-2025 | ||
| 4 | 09394495 | RAVINDRA KUMAR RAY | Non-Executive - Independent Director | Member | 18-07-2025 | Textual Information(1) | |
Sr Text Block | |
| Textual Information(1) | The Board had appointed Dr Ravindra Kumar Ray as member of the Audit Committee in its 683rd Board Meeting held on 18.07.2025 |
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 09398364 | SABITHA BOJAN | Non-Executive - Independent Director | Chairperson | 29-04-2025 | ||
| 2 | 06610367 | KANTILAL CHATURBHAI PATEL | Non-Executive - Independent Director | Member | 29-04-2025 | ||
| 3 | 06802660 | SOLOMON AROKIARAJ | Non-Executive - Nominee Director | Member | 05-12-2024 | 02-09-2025 | Textual Information(1) |
| 4 | 09394495 | RAVINDRA KUMAR RAY | Non-Executive - Independent Director | Member | 04-09-2025 | Textual Information(2) | |
Sr Text Block | |
| Textual Information(1) | Consequent upon cessation of Shri Solomon Arokiaraj as part-time Official Director of HUDCO w.e.f. 02.09.2025, he ceased to be the member of the Committee. |
| Textual Information(2) | The Board had appointed Dr Ravindra Kumar Ray as member of Nomination and Remuneration Committee through resolution passed by circulation on 04.09.2025. |
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 09833776 | SANJEET | Non-Executive - Nominee Director | Chairperson | 05-12-2024 | ||
| 2 | 06630234 | DALJEET SINGH KHATRI | Executive Director | Member | 14-08-2024 | ||
| 3 | 06610367 | KANTILAL CHATURBHAI PATEL | Non-Executive - Independent Director | Member | 29-04-2025 | ||
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 06630234 | DALJEET SINGH KHATRI | Executive Director | Chairperson | 14-08-2024 | ||
| 2 | 05184848 | M NAGARAJ | Executive Director | Member | 20-02-2019 | ||
| 3 | 06610367 | KANTILAL CHATURBHAI PATEL | Non-Executive - Independent Director | Member | 29-04-2025 | ||
| 4 | 09394495 | RAVINDRA KUMAR RAY | Non-Executive - Independent Director | Member | 18-07-2025 | Textual Information(1) | |
| 5 | 00000000 | MADHU NAGRANI | Member-cum-convenor | Member | 05-12-2024 | Textual Information(2) | |
Sr Text Block | |
| Textual Information(1) | The Board had appointed Dr Ravindra Kumar Ray as member of Risk Management Committee in its 683rd Board Meeting held on 18.07.2025. |
| Textual Information(2) | Mrs. Madhu Nagrani, Chief Risk Officer being a non-board member, DIN is not applicable. |
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 05184848 | M NAGARAJ | Executive Director | Chairperson | 03-02-2020 | ||
| 2 | 09833776 | SANJEET | Non-Executive - Nominee Director | Member | 05-12-2024 | ||
| 3 | 09398364 | SABITHA BOJAN | Non-Executive - Independent Director | Member | 29-04-2025 | ||
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | ||||||||
Annexure 1 | ||||||||
III. Meeting of Board of Directors | ||||||||
| Disclosure of notes on meeting of board of directors explanatory | ||||||||
| Sr. No. | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | Maximum gap between any two consecutive (in number of days) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 04-04-2025 | No | 5 | 5 | 0 | |||
| 2 | 07-05-2025 | 32 | Yes | 7 | 6 | 2 | ||
| 3 | 02-06-2025 | 25 | Yes | 8 | 8 | 3 | ||
| 4 | 28-06-2025 | 25 | Yes | 8 | 7 | 3 | ||
| 5 | 18-07-2025 | 19 | Yes | 8 | 7 | 3 | ||
| 6 | 06-08-2025 | 18 | Yes | 8 | 8 | 3 | ||
| 7 | 15-09-2025 | 39 | Yes | 8 | 8 | 3 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | ||||||||||
| Sr | Name of Committee | Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) | Maximum gap between any two consecutive (in number of days) | Name of other committee | Reason for not providing date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 1 | Audit Committee | 07-05-2025 | Yes | 3 | 3 | 2 | 0 | |||
| 2 | Audit Committee | 02-06-2025 | 25 | Yes | 3 | 3 | 2 | 0 | ||
| 3 | Audit Committee | 06-08-2025 | 64 | Yes | 4 | 4 | 3 | 0 | ||
| 4 | Stakeholders Relationship Committee | 07-05-2025 | Yes | 3 | 3 | 1 | 0 | |||
| 5 | Stakeholders Relationship Committee | 06-08-2025 | 90 | Yes | 3 | 3 | 1 | 0 | ||
| 6 | Nomination and remuneration committee | 04-04-2025 | No | 3 | 3 | 0 | 0 | |||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Sr | Name of Committee | Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) | Maximum gap between any two consecutive (in number of days) | Name of other committee | Reason for not providing date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 7 | Nomination and remuneration committee | 28-06-2025 | 84 | Yes | 3 | 2 | 2 | 0 | ||
| 8 | Nomination and remuneration committee | 15-09-2025 | 78 | Yes | 3 | 3 | 3 | 0 | ||
| 9 | Risk Management Committee | 07-05-2025 | Yes | 3 | 3 | 1 | 1 | |||
| 10 | Risk Management Committee | 06-08-2025 | 90 | Yes | 4 | 4 | 2 | 1 | ||
| 11 | Corporate Social Responsibility Committee | 03-04-2025 | Yes | 3 | 3 | 0 | 0 | |||
| 12 | Corporate Social Responsibility Committee | 07-05-2025 | 33 | Yes | 3 | 3 | 1 | 0 | ||
| 13 | Corporate Social Responsibility Committee | 02-06-2025 | 25 | Yes | 3 | 3 | 1 | 0 | ||
| 14 | Corporate Social Responsibility Committee | 28-06-2025 | 25 | Yes | 3 | 3 | 1 | 0 | ||
| 15 | Corporate Social Responsibility Committee | 18-07-2025 | 19 | Yes | 3 | 3 | 1 | 0 | ||
| 16 | Corporate Social Responsibility Committee | 06-08-2025 | 18 | Yes | 3 | 3 | 1 | 0 | ||
| 17 | Corporate Social Responsibility Committee | 15-09-2025 | 39 | Yes | 3 | 3 | 1 | 0 | ||
Annexure 1 | |||
V. Affirmations | |||
| Sr | Subject | Compliance status (Yes/No) | |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | No | |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | Yes | |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | Yes | |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | Yes | |
| 5 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) | Yes | |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes | |
| 7 | The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes | |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes | |
| 9 | Any comments/observations/advice of Board of Directors may be mentioned here: | Textual Information(1) | |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Vikas Goyal |
| 2 | Designation | Company Secretary and Compliance Officer |
Text Block | |
| Textual Information(1) | As on 30th September,2025, Board of HUDCO consists of 8 Directors, comprising 3 Functional Directors (including Chairman & Managing Director), 2 Government Nominee Directors and 3 Independent Directors against the requirement of 5 Independent Directors. The power to appoint directors vests with the President of India exercised through Administrative Ministry, i.e., MoHUA. MoHUA has already been requested to fill the vacancy of Independent Directors. |
Affirmations on Compliance Requirements for AGM (applicable only for the first half-year filing i.e., 2nd quarter) | ||||
I. Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Copy of the annual report including balance sheet, profit and loss account, directors report, corporate governance report, BRSR & BRSR core, if applicable, displayed on website | 46(2) | Yes | |
| 2 | Presence of Chairperson of Audit Committee at the Annual General Meeting | 18(1)(d) | Yes | |
| 3 | Presence of Chairperson of the nomination and remuneration committee at the annual general meeting | 19(3) | Yes | |
| 4 | Presence of Chairperson of the Stakeholder Relationship committee at the annual general meeting | 20(3) | Yes | |
| 5 | Disclosure of the Secretarial Audit Report of the listed entity and the material subsidiaries in the Annual Report | 24A(1) | Yes | |
| 6 | Compliance with the conditions laid down for Secretarial Auditor or the person signing the Secretarial Compliance Report | 24A(1A), 24A(1B), 24A(1C) | Yes | |
| 7 | Submission of Annual Secretarial Compliance Report | 24A(2) | Yes | |
| 8 | Whether “Corporate Governance Report” disclosed in Annual Report | 34(3) read with para C of Schedule V | Yes | |
| Any other information to be provided | ||||
Annexure III | ||
| 1 | Name of signatory | Vikas Goyal |
| 2 | Designation | Company Secretary and Compliance Officer |
Details of Cyber security incidence | ||
| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |
| Other details of cyber security incidence or breaches or loss of data event | Textual Information(1) | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr. | Date of the event | Brief details of the event |
Text Block | |
| Textual Information(1) | Not Applicable |
Signatory Details | |
| Name of signatory | VIKAS GOYAL |
| Designation of person | Company Secretary and Compliance Officer |
| Place | NEW DELHI |
| Date | 30-10-2025 |
Investor Grievance Details | |
| No. of investor complaints pending at the beginning of Quarter | 0 |
| No. of investor complaints received during the Quarter | 326 |
| No. of investor complaints disposed off during the Quarter | 326 |
| No. of investor complaints those remaining unresolved at the end of the Quarter | 0 |