Housing and Urban Development Corporation Limited announced that the President of India acting through Administrative Ministry, Ministry of Housing and Urban Affairs (MoHUA), Government of India, vide its Office Order No. A-42012(12)/39/2017-AA Section-MHUPA-Part(1)/E-9111623 dated 21 December, 2022 has conveyed, that the Competent Authority in exercise of the powers conferred under Article 39 of the Article of Association of Housing and Urban Development Corporation Limited (HUDCO), has appointed Shri Sanjeet, Joint Secretary & Financial Adviser, Ministry of Housing and Urban Affairs, as Part- time Official Director, on the Board of HUDCO, in place of Shri Ashish Upadhyaya with immediate effect, until further orders. Accordingly, Shri Ashish Upadhyaya ceased to be Part-time Official Director on the Board of HUDCO.

The appointment of Shri Sanjeet is subject to allotment of Directors Identification Number (DIN) by Ministry of Corporate Affairs, Gol and inclusion of name in data bank of Indian Institute of Corporate Affairs. The company is taking necessary action to complete the appointment formalities and requisite disclosures in this regard will be submitted in due course.