Dewan Housing Finance Corporation has informed that the Company proposes to issue 500 Secured Non-Convertible Redeemable Debentures with a face value of Rs 10 lakh each aggregating to Rs 50 Crore on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 31st Annual General Meeting held on July 23, 2015.
The above information is a part of company’s filings submitted to BSE.