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Dewan Housing Finance Corporation to raise funds on Private Placement basis

15 Jun 2016 Evaluate

Dewan Housing Finance Corporation (DHFC), one of the leading housing finance companies in India, has proposed to issue secured redeemable Non Convertible Debentures (NCDs) amounting to Rs 400 crore and a greenshoe option up to Rs 175.00 crore on Private Placement basis, pursuant to special resolution passed by the shareholders of the company at the Annual General Meeting held on July 23, 2015, on the terms and conditions.
 
Dewan Housing Finance Corporation is among the oldest private sector Housing Finance Companies (HFC) in India.

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