General Updates

HUDCO/SE/FR/2026 27th 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, Mumbai – 400001 Bandra-Kurla Complex, Bandra (E), Mumbai – 400051 SCRIP CODE: 540530 SCRIP CODE: HUDCO Sub.: Outcome of the Board Meeting -------------------------------------------- Sir/Madam, The Board of Directors, in their meeting held today i.e. Monday, 27th July, 2026, inter-alia considered and approved the following: i) Unaudited Financial Results for the quarter ended 30th June, 2026: We are enclosing herewith Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026 and Limited Review Report of Statutory Auditors, along with other applicable disclosures. These results have been reviewed by the Audit Committee of the Board and approved by the Board of Directors, in their meetings held on 27th July, 2026. The financial results are being made available on Company’s website, i.e., www.hudco.org.in. ii) Declaration of 1st interim dividend for Financial Year 2026-27 and fixation of Record date: Declaration of 1st Interim Dividend of Rs.1.25/- per equity share i.e., @ 12.50 % (subject to deduction of TDS) on the face value of Rs.10/- each, for the Financial Year 2026-27 and fixation of Friday, 31st July, 2026 as Record date for reckoning eligibility of shareholders for the purpose of payment of 1st Interim Dividend. The process of payment of Interim Dividend will be completed within 30 days of its declaration. In relation to the taxation of dividend, shareholders are being requested to refer to the communication uploaded HUDCO’s website under the tab Investors>Dividend>TDS Communication. The Board Meeting commenced at 12:40 p.m. (IST) and concluded at 2:55 p.m. (IST). This is for your kind information and record. Yours sincerely For Housing and Urban Development Corporation Limited Vikas Goyal Company Secretary & Compliance Officer Encl.: as above 1. National Securities Depository Limited 2. Central Depository Services (India) Limited 3. Beetal Financial Computer Services Pvt. Ltd. SA C & SSOCI TES N-226, LGF, Greater Kailash-1, New Delhi-110 048 M: +919810307182 Chartered Accountants T: +91 1141734656-57-58 Email: dinesh@sarcmail.in Independent Auditor's Review Report on Unaudited Standalone Financial Results for the quarter ended June 30, 2026 of the Company pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors Housing and Urban Development Corporation Ltd. I. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Housing and Urban Development Corporation Ltd. (herein after referred to as the "The company") for the quarter ended June 30, 2026 (herein after referred to as "statement"), being submitted by the Company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors in its meeting held on 27th July 2026, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Lnterim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India ("ICAI"). This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited standalone financial results for the quarter ended June 30, 2026 read with notes therein, prepared in accordance with the applicable Indian Accounting Standards and other accounting practices and policies generally accepted in India has not disclosed the information required to be disclosed in terms of Regulation 33 and 52 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, including the manner in which it is to be disclosed, or that it contains any material misstatement. Head Office: D-191, Pocket D, Okhla Phase-I, Okhla Industrial Area, New Delhi-110 020 Branches: New Delhi , Mumbai • Ahmedabad • Surat • Nadiad • Anand • Hyderabad • Vizag • Chandigarh , Varanasi , Noida , Gorakhpur 5. Emphasis of Matters We draw attention to the following matters in the notes to the accompanying Standalone Financial Results: I. The Company has recognized interest income on "No Lien AGP Account amounting to Rs. 6.41 cores for the quarter ended 30th June 2026. The balance outstanding as at 30th June 2026 is Rs. 734.99 crores (debit) in "No Lien AGP Account". The Company is in discussion with MOHUA for recovery/reimbursement of outstanding amount (including interest) as well as booking of expenses. 2. The Company has not complied with the provisions of regulation I 7(1)(b) of SEBI (LODR) Regulations, 2015, regarding the requirement of the requisite number of Independent Directors for the period April I, 2023 to June 30,2026. Further, various Committees were constituted on 29th April, 2025, hence the Composition of Committees were not in compliance with Companies Act, 2013 and SEBI (LODR) Regulations, 2015, till July I, 2019, to December 31, 2022 and April I, 2023 to March 31,2026. Our Opinion is not modified in respect of the above matters. For S A R C & Associates Chartered Accountants !CAI Firm Regist Shambhu Nath Partner Membership No.: 529220 UDIN No.: 2.615 2.. ~ ,2..2-0 J AA\ v R~ \ 28' Place: New Delhi Dated :2 7.07.2026 SA C &ASSOCIATES N-226, LGF, Greater Kailash-1, New Delhi-110 048 Chartered Accountants M: +919810307182 T: +91114173 4656-57-58 Email: dinesh@sarcmail.in Independent Auditor's Review Report on Unaudited Consolidated Financial Results for the quarter ended June 30, 2026 of the Company pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors Housing and Urban Development Corporation Ltd. I. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Housing and Urban Development Corporation Ltd. (herein after referred to as the "Parent") for the quarter ended June 30, 2026 (herein after referred to as "the statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Parent's Management and approved by the Company's Board of Directors in its meeting held on 27th July 2026, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribe [Showing first 8,000 characters — download PDF for full document]