Notice and Annual Report (FY 2025-26) of 56th AGM of HUDCO scheduled to be held on 24th August, 2026

HUDCO/CS/56th AGM/SE/2026 30th July, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai- 400001 Mumbai - 400051 Scrip Code- 540530 NSE Symbol- HUDCO Sub: Notice of 56th Annual General Meeting and Annual Report for the Financial Year 2025-26 ------------------------------------------------------------------------------------------------------------------ Sir/Madam, This is to inform that 56th Annual General Meeting (AGM) of Housing and Urban Development Corporation Limited (HUDCO) is scheduled to be held on Monday, 24th August, 2026 at 11:30 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM), in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and provisions of Securities and Exchange Board of India. Pursuant to Regulation 30 and Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Annual Report for the Financial Year 2025-26, inter-alia containing the Notice of 56th AGM of the Company. Further, in compliance of relevant circulars, the Annual Report for the Financial Year 2025- 26 comprising Notice of 56th AGM is being sent to the members of the Company electronically whose email addresses are registered with their Depository Participant/ RTA. Further, in compliance of Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015, a letter providing the web-link, including the exact path, where complete details of the Annual Report are available is also being sent to the shareholder(s) who have not registered their email addresses. The copy of AGM Notice and the Annual Report are also available on the website of the Company at www.hudco.org.in, website(s) of Stock Exchange(s) i.e. BSE Limited at www.bseindia.com, National Stock Exchange of India Limited at www.nseindia.com and e- voting service provider i.e. National Securities Depository Limited at www.evoting.nsdl.com. This is for information and record please. Yours sincerely For Housing and Urban Development Corporation Limited Vikas Goyal Company Secretary & Compliance Officer Encl. as above FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT Annual Report 2023-24 ANNUAL REPORT 2025-26 | 1 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 2 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT CC OO NN TT EE NN TT SS Reference Information 18 Board of Directors 20 Chairman’s Message 22 Notice of AGM 35 Directors’ Report 48 Management Discussion & Analysis Report 78 Corporate Governance Report 82 Business Responsibility & Sustainability Report 102 Independent Reasonable Assurance Report on BRSR Core 153 Secretarial Audit Report 158 Annual Report on Corporate Social Responsibility Activities 162 Management Reply to Independent Auditor’s Report 181 Comments of the CAG on Standalone Financial Statements 182 Comments of the CAG on Consolidated Financial Statements 183 Independent Auditor’s Report on Standalone Financial 184 Statements Standalone Financial Statements 206 Independent Auditor’s Report on Consolidated Financial 351 Statements Consolidated Financial Statements 360 Information on Sanctions/Releases 510 Management Team 514 HUDCO Offices 515 E-VOTING SCHEDULE CUT-OFF DATE START DATE END DATE 17.08.2026 20.08.2026 23.08.2026 09:00 a.m. (IST) 05:00 p.m. (IST) ANNUAL GENERAL MEETING Date: 24th August, 2026 | Time: 11:30 a.m. (IST) ANNUAL REPORT 2025-26 | 3 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 4 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 5 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 6 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 7 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 8 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 9 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 10 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 11 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 12 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 13 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 14 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 15 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT 16 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT ANNUAL REPORT 2025-26 | 17 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT REFERENCE INFORMATION Registered Office Shares listed at HUDCO Bhawan, India Habitat Centre, Lodhi Road, National Stock Exchange of India Limited New Delhi-110003 (India) BSE Limited Registrar & Transfer Agent A. For Equity Shares B. For Bonds Beetal Financial & Computer Services Private Ltd. a) KFin Technologies Ltd., Beetal House, 3rd Floor, 99 Madangir, Selenium Building, Tower B, Behind Local Shopping Centre, Plot Nos. 31 & 32, Financial District, Near Dada Harsukhdas Mandir, Nanakramguda, Serilingampally, New Delhi-110062 Hyderabad, Rangareddi, Telangana-500032 Tel. No.: 011-42959000-09 Email: beetal@beetalfinancial.com, hudco@beetal.in Tel. No.: 040-67162222 Website: www.beetalfinancial.com Tollfree: 18003094001 Email: einward.ris@kfintech.com Website: www.kfintech.com b) Beetal Financial and Computer Services Private Ltd. Beetal House, 3rd Floor, 99 Madangir, Behind Local Shopping Centre, Near Dada Harsukhdas Mandir, New Delhi-110062 Phone No.: 011-42959000-09 Email: beetal@beetalfinancial.com, hudco@beetal.in Website: www.beetalfinancial.com Debenture Trustees for Bonds a) SBICAP Trustee Company Limited, b) Beacon Trusteeship Limited Mistry Bhavan, 4th Floor, 5W, 5th Floor, The Metropolitan, E-Block, 122 Dinshaw Vachha Road, Bandra Kurla Complex, Bandra (East), Mumbai-400051 Churchgate, Mumbai - 400020. Tel. No.: 022-46060278 Tel. No.: 022- 43025555, 43025566 Email: contact@beacontrustee.co.in Email: corporate@sbicaptrustee.com Website: www.beacontrustee.co.in Website: www.sbicaptrustee.com Auditors Secretarial Auditor Statutory Auditor VAP & Associates S A R C & Associates, Company Secretaries Chartered Accountants (Firm Registration No. P2023UP098500) (Firm Registration No. 006085N), New Delhi Assurance Provider for BRSR M/s Mehta & Mehta Company Secretaries Depositories Company Secretary National Securities Depository Limited Shri Vikas Goyal Central Depository Services (India) Limited 'kk[kk & jsyos LVs'ku] /kuckn BRANCH : RAILWAY STATION, DHANBAD 18 | ANNUAL REPORT 2025-26 FINANCING INFRASTRUCTURE FOR VIKSIT BHARAT FINANCIAL HIGHLIGHTS (` in Crore) PARTICULARS 2021-22 2022-23 2023-24 2024-25 2025-26 Revenue from Operations 6,954.08 7,049.46 7,784.29 10,311.29 13,150.40 Gross Income 6,997.66 7,086.18 7,948.10 10,348.38 13,327.13 Profit Before Tax (excluding Extraordinary and 2,345.94 2,289.41 2,843.44 3,636.66 3,221.44 Exceptional Items) Profit After Tax 1,716.60 1,701.62 2,116.74 2,709.14 4,034.37 Share Capital - Equity 2,001.90 2,001.90 2,001.90 2,001.90 2,001.90 Reserves & Surplus 12,466.42 13,443.35 14,612.40 15,967.89 18,533.30 Shareholders Fund 14,468.32 15,445.25 16,614.30 17,969.79 20,535.20 Perpetual Debt Instruments 1,442.00 Net Worth (Average) 13,828.68 14,956.79 16,029.78 17,292.05 19,973.50 Total Borrowings 61,503.04 62,905.08 73,995.90 1,07,296.76 1,41,677.00 Loan Outstanding (Refer Note 10 of Standalone 76,989.92 79,236.97 91,365.05 1,24,340.71 1,60,547.15 Financial Statements) Total Borrowings/Net Worth (%) 425.09 407.28 445.37 597.10 644.65 PAT/Net Worth (Average) (%) 12.41 11.38 13.21 15.67 20.20 Dividend (including Interim Dividend and Proposed 700.66 770.73 830.79 830.79 1,211.15 Dividend, if any) Dividend/PAT (%)* 40.82 45.29 39.25 30.67 30.02 Dividend/Net Worth (Average) (%)* 5.07 5.15 5.18 4.80 6.06 Earning per share (₹) (Face value of ₹ 10/- per share)** 8.53 8.53 10.57 13.53 20.15 *Dividend for the Financial Year 2021-22, includes [Showing first 8,000 characters — download PDF for full document]