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Cabinet approves disinvestment of 10% paid up equity of Housing and Urban Development Corporation Ltd. (HUDCO)

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....abinet approves disinvestment of 10% paid up equity of Housing and Urban Development Corporation Ltd. (HUDCO) <br>News and Press Release<br>Dated:- 15-6-2016<br><BR>The Cabinet Committee on Economic A....

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....ffairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for disinvestment of 10% paid up equity of Housing and Urban Development Corporation Ltd. (HUDCO) out of Government of I....

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....ndia's shareholding of 100% through Initial Public Offering (IPO) in the domestic market as per the Securities and Exchange Board of India (SEBI) Rules and Regulation. The paid up equity capital of H....

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....UDCO is &#8377; 2001.90 crore and Government of India owns 100% 0f the equity at present. Net worth of the Company is approximately &#8377; 7,800 Cr. HUDCO was incorporated on 25th April 1970 as a wh....

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....olly owned Government of India Enterprise under the administrative control of Ministry of Housing and Urban Poverty Alleviation with the objective of providing long term finance for construction of ho....

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....uses for residential purposes. It also finances and undertakes housing and urban development projects in the country.<BR> News - Press release - PIB....