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DHFL’s Board Approves Conversion Of Debt Into Equity
Dewan Housing Finance Corporation Ltd (DHFL) on Friday informed the exchanges of that its board has approved the conversion of the whole or part of its debt into equity or other securities, which may result in a change in ownership. The ...
DHFL Shares Touch 52-Week Low After Deloitte Resigns As Auditor
Deloitte quit as the auditor of cash-strapped Dewan Housing Finance Corporation (DHFL), a PTI report said on Sunday, citing sources. It further said that communication regarding Deloitte's resignation has been sent to the Ministry of Corporate Affairs. Reasons for the resignation ...
DHFL Cautions It May Not Sustain As A Going Concern
The country's leading housing finance company DHFL on Saturday while reporting its January-March quarter results warned that its financial condition had been so stressful that it may not sustain as a going concern. In a statement to the exchanges, the ...
DHFL Slumps 10%; Infy Jumps 4% As Markets Open Higher
Benchmark indices opened the higher on the back of solid gains in Infosys Technologies, which reported good numbers post market closing on Friday. The Sensex was trading with gains of 164 points, with Infosys contributing heavily to these gains. The stock ...
DHFL Gets SEBI Nod To Exit Mutual Funds Business
On Wednesday, the debt-ridden Dewan Housing Finance Limited (DHFL) said that it has received permission from the Securities and Exchange Board of India (SEBI) to exit its mutual fund business by selling 50 percent stake to Prudential Financial. The NBFC (non-banking ...
DHFL Defaults On Commercial Paper Repayment
Housing finance company, DHFL has defaulted on payment of commercial paper. Out of the aggregate amount of Rs. 375 crore, Rs. 150 crores i.e. 40% has been paid on a proportionate basis and the balance amount of Rs. 225 crore shall ...
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