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HUDCO signs ₹25,000 crore Bihar industrial parks MoU as DIPAM clears stake transfer

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Sig5.10Sen+5.20Env0.00Soc0.00Gov+2.10

HUDCO entered a ₹25,000 crore term-loan MoU with the Government of Bihar to develop industrial parks over five years. DIPAM cleared the Ministry of Rural Development’s 20.73% promoter stake (41.5 crore shares) for transfer to the Ministry of Housing and Urban Affairs, consolidating a 75% promoter block. The move supports HUDCO’s state-backed order pipeline and long-term interest income.

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