HUDCO CMD

hudco-makes-dividend-payout-to-ministry-of-rural-development

HUDCO makes Dividend Payout to Ministry of Rural Development

Union Minister of Rural Development, Narendra Singh Tomar, was presented the final dividend cheque of Rs.97.52 crore for the year 2019-20, by M Nagaraj, Director (Corporate Planning) HUDCO. Present on the occasion were Nagendra Nath Sinha, Secretary, Ministry of Rural Development (MoRD); D. Guhan, Director (Finance) HUDCO and other senior officials. The Ministry of Rural Development with a 20.73% shareholding has received a total dividend of Rs. 128.65 crore.

In its Golden Jubilee year, HUDCO has made an all-time high dividend payout of 31% amounting to Rs 620.59 crore for the year 2019-20.  HUDCO also paid a dividend of Rs. 428.68 crore to the Ministry of Housing and Urban Affairs (MoHUA), and Rs. 63.26 core to public shareholders.

 

15 Oct 2020
hudco-makes-all-time-high-dividend-payout

HUDCO makes all-time high dividend payout

In its Golden Jubilee year, HUDCO has made an all-time high dividend payout of 31% amounting to Rs 620.59 crore for the year 2019-20. HUDCO also paid a dividend of Rs.128.65 crore to the Ministry of Rural Development, and Rs. 63.26 core to public shareholders.

The Union Minister of State (Independent Charge) Ministry of Housing and Urban Affairs Hardeep Singh Puri, was presented the final dividend cheque of Rs.428.68 crore for the year 2019-20 by M Nagaraj, Director (Corporate Planning) HUDCO. Present on the occasion were Union Secretary (MoHUA) Durga Shankar Mishra, D Guhan, Director (Finance) and other senior officials.

05 Oct 2020
hudco-makes-dividend-payout-to-ministry-of-rural-development

HUDCO makes Dividend Payout to Ministry of Rural Development

By IndianMandarins 15 Oct 2020

Union Minister of Rural Development, Narendra Singh Tomar, was presented the final dividend cheque of Rs.97.52 crore for the year 2019-20, by M Nagaraj, Director (Corporate Planning) HUDCO. Present on the occasion were Nagendra Nath Sinha, Secretary, Ministry of Rural Development (MoRD); D. Guhan, Director (Finance) HUDCO and other senior officials. The Ministry of Rural Development with a 20.73% shareholding has received a total dividend of Rs. 128.65 crore.

In its Golden Jubilee year, HUDCO has made an all-time high dividend payout of 31% amounting to Rs 620.59 crore for the year 2019-20.  HUDCO also paid a dividend of Rs. 428.68 crore to the Ministry of Housing and Urban Affairs (MoHUA), and Rs. 63.26 core to public shareholders.

 

hudco-makes-all-time-high-dividend-payout

HUDCO makes all-time high dividend payout

By IndianMandarins 05 Oct 2020

In its Golden Jubilee year, HUDCO has made an all-time high dividend payout of 31% amounting to Rs 620.59 crore for the year 2019-20. HUDCO also paid a dividend of Rs.128.65 crore to the Ministry of Rural Development, and Rs. 63.26 core to public shareholders.

The Union Minister of State (Independent Charge) Ministry of Housing and Urban Affairs Hardeep Singh Puri, was presented the final dividend cheque of Rs.428.68 crore for the year 2019-20 by M Nagaraj, Director (Corporate Planning) HUDCO. Present on the occasion were Union Secretary (MoHUA) Durga Shankar Mishra, D Guhan, Director (Finance) and other senior officials.

hudco-50th-annual-general-meeting-held-

HUDCO: 50th Annual General Meeting held

By IndianMandarins 30 Sep 2020

The Housing & Urban Development Corporation (HUDCO) held its 50th  Annual General Meeting through video conferencing on 30.09.2020. M. Nagaraj, Director of Corporate Planning HUDCO chaired the meeting and addressed the shareholders to apprise them of the outstanding performance of the Company in its Golden Jubilee year.

hudco-inks-mou-with-yeida

HUDCO inks MoU with YEIDA

By IndianMandarins 01 Aug 2020

New Delhi (31 July 2020): CMD Housing & Urban Development Corporation (HUDCO) M Nagaraj, and Dr Arunvir Singh, CEO, Yamuna Expressway Industrial Development Authority (YEIDA) signed an MoU for providing financial assistance to the tune of over Rs 4000 crore for various projects adjoining the up-coming International Airport at Jewar, Uttar Pradesh. These would include land acquisition, development of industrial estates, electronic city, housing projects and associated infrastructure development on both sides of Yamuna expressway over the next 3 years.

no-decision-made-on-selection-of-hudco-cmd

No decision made on selection of HUDCO CMD

By IndianMandarins 23 Jun 2020

With so much effort the public-sector headhunter (PSEB) held the selection interview yet did not recommend the name of any candidate for the post of HUDCO CMD. It advised the administrative Ministry/Department to choose an appropriate course of further action for selection including SCSC/Appointment through CSB.
These are the applicants who were interviewed:
1) Dr Durvasula Subrahmanyam, Senior Executive Director, Housing & Urban Development Corporation Limited (HUDCO)
2) Anshuman Sharma, Director(Project Planning), Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL)
3) Rajendra Chaudhari, Director(Commercial), NBCC (India) Limited
4) Jyoti Kalash, Additional Chief Secretary, Government of Nagaland

pesb-gives-an-option-for-interaction-via-vc-selection-for-hudco-cmd-post-on-june-22

PESB gives an option for interaction via VC; Selection for HUDCO CMD post on June 22

By IndianMandarins 11 Jun 2020

Having postponed the date of selection interview for the post of CMD, HUDCO the public-sector head-hunter has now decided to interact with the short-listed candidates on June 22. Initially, it was scheduled for June 12.

If some well-placed sources are to be believed PESB has decided to give an option to the aspirants to opt for video conferencing if so desires in view of COVID-19. Several aspirants expected to appear for selection interviews in the coming weeks have welcomed the decision.

the-selection-meeting-for-hudco-cmd-postponed-

The selection meeting for HUDCO CMD postponed!

By IndianMandarins 07 Jun 2020

Indianmandarins reliably learns that selection interview for the post of CMD, HUDCO has been postponed and a fresh date may be announced soon. Earlier, five candidates were scheduled to be interviewed on June 12. 

Further, the last date of receipt of applications for several Board-level posts which were earlier supposed to be submitted by 01.06.2020 has been extended till 15.07.2020.

pesb-to-restart-selection-interviews-with-hudco-cmd-post-05-candidates-shortlisted

PESB to restart selection interviews with HUDCO CMD post; 05 candidates shortlisted

By IndianMandarins 05 Jun 2020

Indianmandarins has reliably learned that the public-sector headhunter (PESB) is all set to re-start conducting interviews for Board-level positions in Central PSUs from 12 June; a process which eventually came to a standstill came during the nation-wide lockdown. Board-level selections were put on hold after selections to the posts of Director (Marketing), National Textile Corporation (NTC) and MD, Central Cottage Industries Corporation (CCIC) on 17 March.

Reportedly, as many as five candidates have been shortlisted for the post of CMD, HUDCO who may be interviewed on 12 Jnue.

Interestingly, selection of CMD, HUDCO would be Rajiv Kumar’s opening interview as Chairman, PESB though the Board started inviting applications for Board-level posts from 19 May itself. 

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