Housing and Urban Development Corporation Limited (HUDCO) has announced the appointment of Shri Tekkam Sridhar as Senior Executive Director (Sr. ED), a senior management position that is one level below the Board of Directors, effective from 19th March 2025. This move is part of HUDCO’s ongoing effort to strengthen its senior management team and enhance organizational capabilities in the domain of Human Resource Management (HR), Administration, and Corporate Social Responsibility (CSR).

Extensive Experience and Proven Expertise

Shri Tekkam Sridhar brings with him a rich experience of over 28 years in various aspects of Human Resource Management and Administration. He holds a Master’s Degree in Industrial Relations and Personnel Management from Nagpur University and a Bachelor’s Degree in Industrial Relations from Andhra University. His extensive knowledge and leadership abilities have been honed through his long-standing association with REC Limited, where he served in various senior capacities since 1997.

During his tenure at REC Limited, Sridhar gained in-depth expertise across multiple facets of Human Resources (HR), Administrative Functions, and CSR Management. His experience also includes a two-year stint at Pawan Hans Limited, where he served as Executive Director (HR & Admin.) on lien with REC Limited. His leadership skills, industry knowledge, and strategic decision-making ability make him a valuable addition to HUDCO’s senior management team.

Strategic Role at HUDCO

With HUDCO’s ambitious growth strategy and increasing focus on enhancing its human resource infrastructure and administrative systems, Sridhar’s appointment is expected to provide the required leadership and strategic direction. As Senior Executive Director, he will play a key role in streamlining HR operations, implementing best practices, strengthening CSR initiatives, and optimizing overall organizational efficiency.

Strengthening HUDCO's Growth Plans

HUDCO, a premier government-owned institution dedicated to financing and promoting housing and urban infrastructure projects across India, has been continuously working to align its organizational structure with its growth objectives. Sridhar’s appointment aligns with HUDCO’s vision of enhancing operational excellence and reinforcing its commitment to delivering high-quality services.

Career Background and Achievements

Shri Tekkam Sridhar’s illustrious career spans across significant contributions to the HR and administration space. His leadership at REC Limited witnessed numerous transformative initiatives aimed at employee development, process optimization, and CSR implementation. During his time at Pawan Hans Limited, he successfully led various HR and administrative reforms, demonstrating his ability to adapt to diverse organizational environments.

Impact of the New Appointment

The appointment of Shri Tekkam Sridhar is expected to have a positive impact on HUDCO’s operations, particularly in the areas of human resource development, administrative efficiency, and corporate social responsibility. With his extensive knowledge, HUDCO aims to elevate its internal processes, cultivate a culture of performance excellence, and enhance overall organizational effectiveness.

HUDCO’s Commitment to Excellence

As part of its commitment to strengthening senior leadership and fostering a culture of excellence, HUDCO continues to attract top-tier professionals with proven track records. Sridhar’s appointment signifies HUDCO’s intent to leverage experienced leaders who can drive organizational success through innovative and effective HR and administrative practices.

Regulatory Compliance and SEBI Disclosure

The announcement of Shri Sridhar’s appointment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has communicated this development to the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) as part of its corporate disclosure obligations.

Looking Ahead

With the induction of Shri Tekkam Sridhar into HUDCO’s senior management team, the company looks forward to achieving greater organizational effectiveness, fostering a positive work culture, and driving sustainable growth in its operations. His strategic vision, leadership expertise, and experience in managing diverse administrative functions are expected to play a pivotal role in HUDCO’s continued success.

HUDCO remains committed to building a robust senior management team that will lead the organization towards its mission of promoting sustainable urban development and ensuring efficient delivery of housing and infrastructure services to India’s growing population.

The Upcoming IPOs in this week and coming weeks are Arisinfra Solutions Limited, Grand Continental Hotels, Rapid Fleet Management Services, Active Infrastructures Limited, Desco Infratech Limited.

The Current active IPO are Paradeep Parivahan, Divine Hira Jewellers.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst