Updates

HUDCO/List. Comp./SE/2026 3 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 Bihar Sir/Madam, Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Bihar, on 3" July, 2026 at Patna, Bihar. 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. 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 TSl ¥s ada Saaude vl fafies Housing and Urban Development Corporation Limited Follow us on (T YT @1 Sum) (A Government of India Enterprise) g @l 90012018 T waA AN ISO 9001 : 2015 CERTIFIED COMPANY B envicolimiea @R — 79, gew waw, g 2Rde Wex, el wrs, Core - 7 ‘A, HUDCO Bhawan, India Habitat Centre, Lodhi Road, B swusscebook.comudeo T Rl — 110003 , TTI : 011-24649610-21 New Delhi - 110003, Tel. : 011-24649610-21 M @nudeo-timited CIN : L74899DL1970GOI005276, GST : 07AAACHO632A1ZF, Visit us at : www.hudco.org.in = " Building Assets for Viksit Bharat hudco fom wen | e MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding is entered on 03™ July, 2026 at Patna, Bihar Between The Government of Bihar Housing and Urban Development Corporation Limited . This MoU is made to facilitate HUDCO for planning, development and financing of the proposed Greenfield Satellite Cities in Bihar in a time bound manner as per the rules and regulations of the State Government. . HUDCO shall provide term loans to the extent of Rs 1,00,000 (One Lakh) Crore, over a period of 5 years, for various Urban infrastructure projects including land acquisition. . The loan shall be availed in tranches by the statutory authority specifically designated by the State Government. . HUDCO shall provide funds on flexible terms and conditions, including a moratorium period with a flexible repayment schedule up to 25 years, with the option of prepayment. . 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 the Parties, keeping in view of the requirements of the projects. . This MoU is executed to put on record the intent of Parties to undertake the activities as stated. This MoU shall remain valid for 3 years from the date of execution subject to annual review. For and on behalf of Government of Bihar | For and on behalf of HUDCO Ltd (::fi% Shri Vinay Kumar Shri Sanjay Kulshrestha Principal Secretary, Chairman & Managing Director, Urban Development and Housing Department HUDCO Ltd.