16 October 2026
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HUDCO Extends Nishi Rani’s Tenure as Chief Compliance Officer for One More Year

General Manager (Finance) Nishi Rani will continue as HUDCO’s Chief Compliance Officer from September 29, 2026, in line with applicable RBI governance requirements.
HUDCO Perpetual Tier I Bond Issue
Indian Masterminds Stories

New Delhi: Housing and Urban Development Corporation Limited (HUDCO) has extended the tenure of Ms Nishi Rani, General Manager (Finance), as its Chief Compliance Officer (CCO) for another year.

The extension will be effective from September 29, 2026, and was communicated by HUDCO to the stock exchanges on September 25, 2026.

Nishi Rani to Continue as HUDCO Chief Compliance Officer

Ms Nishi Rani, who serves as General Manager (Finance) at HUDCO, will continue to hold the additional responsibility of Chief Compliance Officer for one more year.

The extension has been made in accordance with the applicable regulatory framework, including the Reserve Bank of India (Non-Banking Financial Companies – Governance) Directions.

Key details include:

  • Name: Ms Nishi Rani
  • Current Position: General Manager (Finance), HUDCO
  • Additional Role: Chief Compliance Officer
  • Tenure Extension: One year
  • Effective From: September 29, 2026
  • Company: Housing and Urban Development Corporation Limited

Read also: HUDCO and IIM Udaipur Join Hands for Urban Infrastructure Research, Training and Capacity Building 

HUDCO Focuses on Compliance and Governance

The continuation of Nishi Rani as Chief Compliance Officer is part of HUDCO’s efforts to maintain robust internal compliance mechanisms and governance standards.

As a financial institution operating within the regulatory framework applicable to non-banking financial companies, HUDCO is required to maintain appropriate compliance systems and processes.

The extension will enable continuity in the company’s compliance functions and regulatory oversight.

Extension Communicated to Stock Exchanges

HUDCO disclosed the extension through an official communication addressed to the listing departments of BSE Limited and the National Stock Exchange of India Limited (NSE).

The disclosure was made on September 25, 2026, highlighting the regulatory significance of the continuation of the Chief Compliance Officer’s tenure.

Nishi Rani’s Role in Finance and Compliance

Ms Nishi Rani has been associated with HUDCO’s financial management and compliance functions. In her role as General Manager (Finance) and Chief Compliance Officer, she is responsible for supporting the organisation’s financial and compliance-related functions and ensuring alignment with applicable regulatory requirements.

The extension provides continuity to HUDCO’s compliance and governance framework for the next year.

About Housing and Urban Development Corporation Limited

Housing and Urban Development Corporation Ltd. (HUDCO) is a Navratna NBFC–IFC under the Ministry of Housing and Urban Affairs (MoHUA). The organisation works in the areas of housing and urban infrastructure development and supports initiatives aimed at promoting sustainable, inclusive and accessible habitat development across India.

Read also: HUDCO Organises Training on Fraud Modus Operandi and Root Cause Analysis Under Vigilance Campaign 2026 


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