With reference to the earlier letter dated March 17, 2016 regarding the issue of Secured Non-Convertible Redeemable Debentures of Rs 25 crore, Dewan Housing Finance Corporation has now informed that the Company now proposes to revise the said issue to 1250 Secured Non-Convertible Redeemable Debentures with a face value of Rs 10 lakh each aggregating to Rs 125 Crore including Greenshoe option to the extent of 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, on the terms and conditions.
The above information is a part of company’s filings submitted to BSE.
