Page 4 - Newsletter July to September 2025, Volumne 63

MoU signing with MoHUA

HUDCO signed its annual MoU, with MoHUA for FY 2025-26, that outlines key performance parameters,
including financial ratios and non-financial indicators such as procurement through GeM, support to MSEs,
CSR expenditure, among others, with ‘Excellent’ level targets finalized by the DPE, MoF. The MoU was signed
between Shri Srinivas Katikithala, Hon’ble Secretary, MoHUA, and Shri Sanjay Kulshrestha, Chairman &
Managing Director, HUDCO, in the presence of senior officials from the ministry and HUDCO.

th
17 NAREDCO National Convention Government Nominee Director

th
HUDCO participated in the 17 NAREDCO National Shri Baldeo Purushartha, JS(DEA) was appointed as
Convention 2025 held in New Delhi. The event was HUDCO’s Govt. Nominee Director. CMD and
graced by Shri Manohar Lal Khattar, Hon’ble Directors along with senior officials welcomed and
Minister of Housing & Urban Affairs, and Shri Ram
Mohan Naidu Kinjarapu, Hon’ble Minister of Civil briefed him about HUDCO’s role in financing India’s
Aviation. In a panel discussion, Shri Sanjay infrastructure requirements through a detailed
Kulshrestha, CMD HUDCO, highlighted the presentation. During his interaction Shri
challenges and opportunities in real estate finance Purushartha encouraged team HUDCO to set
and investments and outlined HUDCO’s role in aspirational goals in a highly competitive market.
achieving the vision of Viksit Bharat.

Partnership with RSRTC

HUDCO extended a loan assistance of ₹162 crore to
the Rajasthan State Road Transport Corporation
(RSRTC) for launching interstate Super Luxury
Volvo buses. This initiative will significantly enhance
passenger comfort and connectivity across
Rajasthan and neighboring states, reaffirming
HUDCO’s commitment to financing sustainable,
efficient, and future-ready public transport
infrastructure.

Highlights