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HUDCO Signs Tripartite Agreement to Appoint Beetal Financial as New Registrar and Share Transfer Agent

The company replaces Alankit Assignments with Beetal Financial for shareholder record management, share transfers, and investor services in compliance with SEBI regulations.
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New Delhi: Housing and Urban Development Corporation Limited (HUDCO) has announced a change in its Registrar and Share Transfer Agent (RTA) after executing a tripartite agreement with Alankit Assignments Limited and Beetal Financial & Computer Services (P) Limited.

The agreement, signed on June 4, 2026, marks the transition of RTA services from Alankit Assignments Limited to Beetal Financial & Computer Services (P) Limited. The move has been undertaken in compliance with Regulation 7 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) about the development through a regulatory filing.

Transition Executed Through Tripartite Agreement

According to the disclosure, HUDCO entered into a tripartite agreement involving:

  • Existing RTA: Alankit Assignments Limited
  • New RTA: Beetal Financial & Computer Services (P) Limited
  • Housing and Urban Development Corporation Limited (HUDCO)

The agreement formalizes the transfer of shareholder servicing responsibilities to the new registrar and share transfer agent.

Read also: IAS Officer Trainees Visit HUDCO to Gain Exposure to India’s Urban Development and Affordable Housing Sector

Key Responsibilities of the New RTA

Following the transition, Beetal Financial & Computer Services (P) Limited will be responsible for managing several important shareholder-related functions, including:

  • Maintenance of shareholder records
  • Share transfer and transmission processing
  • Investor grievance redressal
  • Dematerialization and rematerialization services
  • Corporate action support and related services

The company stated that the change is part of its administrative and compliance-related processes aimed at ensuring efficient shareholder services.

Seamless Continuity for Investors

HUDCO emphasized that the transition has been planned to ensure uninterrupted services for investors and shareholders.

The company noted that changes in RTA arrangements are common among listed entities and are generally implemented to improve operational efficiency, service quality, and regulatory compliance.

Existing shareholders are expected to continue receiving services without any disruption during the transition process.

Regulatory Filing Made with BSE and NSE

The company submitted the required intimation under SEBI regulations to:

  • BSE Limited (Scrip Code: 540530)
  • National Stock Exchange of India Limited (Symbol: HUDCO)

HUDCO also noted that the RTA transition follows earlier communications issued on February 7, 2025, February 28, 2025, and April 26, 2025 regarding the proposed change.

Key Details of HUDCO’s RTA Change

  • Previous RTA: Alankit Assignments Limited
  • New RTA: Beetal Financial & Computer Services (P) Limited
  • Agreement Date: June 4, 2026
  • Regulation: SEBI (LODR) Regulation 7
  • Purpose: Shareholder records, transfers, and investor services management
  • Exchanges: Intimated to BSE and NSE
  • Impact: Smooth transition with uninterrupted investor services

What This Means for HUDCO Shareholders

The appointment of Beetal Financial as HUDCO’s new Registrar and Share Transfer Agent will centralize shareholder servicing under a new provider responsible for maintaining investor records and handling transfer-related requests. The transition is expected to streamline operations while maintaining compliance with SEBI’s listing requirements.

About HUDCO

Housing and Urban Development Corporation Limited (HUDCO) is a Government of India public sector enterprise under the Ministry of Housing and Urban Affairs. It plays a key role in financing housing and urban infrastructure projects across the country, with a focus on affordable housing, sustainable development, and urban planning support for state and local bodies.

Read also: HUDCO Highlights India’s Smart City Vision and UiWIN Innovation at World Urban Forum 13


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