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Housing & Urban Development Corpn.: Announcement under Regulation 30 (LODR)-Credit Rating

In compliance of the provisions of SEBI Listing Regulations we wish to inform that in continuation of the interim initial rating for Rs.4000 crore assigned by M/s ICRA Limited they have now assigned initial rating for the balance debt programme of HUDCO i.e. Rs.24000 crore for FY 2020-21 as under: -

Balance Long Term Borrowing Programme/Bonds of Rs. 24000 Crore ([ICRA] AAA Outlook: Stable) by ICRA Limited;

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