Key Transaction Details
On 22nd September 2026, HUDCO received communication from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India, confirming the completion of share transfer. The shares previously held under the demat account of Ministry of Rural Development (20.73% of total shareholding) have been transferred to the demat account of Ministry of Housing and Urban Affairs (MoHUA).
Shareholding Structure Impact
Consequent to this transfer, the entire promoter shareholding of 75% is now held exclusively by MoHUA, which is the administrative ministry of HUDCO. The Government of India's total shareholding remains unchanged at the existing 75% level.
Chronology of Events
The company had previously intimated the exchanges about this proposed transfer on 2nd September 2026, following an Office Memorandum dated 1st September 2026 from DIPAM that conveyed the decision to execute this share transfer between government ministries.
Document Reference
The current communication references and encloses the earlier intimation dated 2nd September 2026 regarding the same matter.