Updates

HUDCO/List. Comp./SE/2026 11" July, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai — 400001 Mumbai — 400051 SCRIP CODE: 540530 SCRIP CODE: HUDCO Sub.: Signing of Memorandum of Understanding by Housing and Urban Development Corporation Limited (HUDCO) with the Government of Odisha Sir/Madam, Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Odisha, on 11" July, 2026 (MoU dated 10" July, 2026) at Bhubaneswar, Odisha. As per the MoU, HUDCO aims to provide term loans to the extent of Rs.1,00,000 Crore (Rupees One Lakh Crore) over a period of 5 years, for various Urban infrastructure projects including land acquisition for various Housing and Infrastructure projects under Urban Challenge Fund (UCF), Bhubaneswar-Cuttack-Puri-Paradeep Economic Region (BCPPER) and Mukhyamantri Sahari Vikas Yojana (MSVY) in Odisha. Copy of the signed MoU is enclosed for information and record. Yours sincerely For Housing and Urban Development Corporation Limited Vikas Goyal Company Secretary & Compliance Officer Encl.: as above sl ¥ ada aaudc wiuleE fafes Housing and Urban Development Corporation Limited Follow us on (IR DT BT ) (A Government of India Enterprise) TE T 3 9001:2015 I HUA AN ISO 9001 : 2015 CERTIFIED COMPANY B ercoimiea R — 79, sEW! waw, §Rwr 2Rde Wex, @k s, Core - 7 ‘A, HUDCO Bhawan, India Habitat Centre, Lodhi Road, K wwvwsacebook comudco T freh — 110003 | T : 011-24649610-21 New Delhi - 110003, Tel. : 011-24649610-21 B @hucco-imitea CIN : L74899DL1970GOI005276, GST : 07AAACHO632A1ZF, Visit us at : www.hudco.org.in = " Building Assets for Viksit Bharat This Memorandum of Understanding (MoU) is entered on the 10" ofJ uly, 2026 at Bhubaneswar, Odisha Between THE GOVERNMENT OF ODISHA HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED (HEREINAFTER REFERRED TO AS “HUDCO”) This MoU is made to facilitate HUDCO for planning, development and financing of the various Housing and Infrastruture projects under Urban Challenge Fund (UCF), Bhubaneswar—Cuttack—Puri— Paradeep Economic Region (BCPPER) and Mukhyamantri Sahari Vikas Yojana (MSVY) in Odisha in a time bound manner as per the rules and regulations of the State Government. HUDCO shall provide term loans to the extent of Rupees One Lakh Crore, over a period of 5 years, for various Urban Infrastructure Projects, including land acquisition. HUDCO, through its UiWIN initiative, shall also provide Project Preparation and Capacity Building support, as required by the State Government/Agencies, including technical structuring, DPR and pre- feasibility preparation, asset register creation, financial modelling, VGF support for bankable urban infrastructure projects, and outcome-based training, consultancy, and knowledge-sharing support for capacity enhancement of ULBs. The loan shall be availed in tranches on flexible terms and conditions, including moratorium period with a flexible repayment schedule up to 25 years, with the option of prepayment by the any statutory authority specifically designated by the State Government of Odisha. The repayment of the loan shall be made from escrowing the revenue generated from the project or by ringfencing other sources of revenues coming from identified receivables/state budget so as to ensure timely payments to HUDCO. Separate operational agreements with specified scope of work and terms and conditions, shall be executed based on mutually agreed terms between both the parties, keeping in view of the requirements of the projects. This MoU is executed to put on record the intent of both the parties to undertake the activities as stated and shall remain valid for 3 years from the date of execution, subject to annual review. FOR AND ON BEHALF OF GOVERNMENT OF | FOR AND ON BEHALF OF HOUSING AND URBAN ODISHA DEVELOPMENT CORPORATION LIMITED M—T Pt SMT. USHA PADHEE, IAS SHRI. SANJAY KULSHRESTHA ADDITIONAL CHIEF SECRETARY CHAIRMAN & MANAGING DIRECTOR GOVT. OF ODISHA HUDCO LTD.