Dewan Housing Finance Corporation has informed that the Company proposes to issue Secured Redeemable Non Convertible Debentures amounting to Rs 200.00 Crore and a Greenshoe option of up to Rs 100.00 Crore on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 32nd Annual General Meeting held on July 20, 2016, on the terms and conditions.
The above information is a part of company’s filings submitted to BSE.