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Dewan Housing Finance Corporation informs about outcome of finance committee meeting

25 Aug 2016 Evaluate

With reference to the earlier announcement dated August 17, 2016, with respect to public issue of Secured, Redeemable, Non-convertible Debentures of face value of Rs. 1,000 each (‘NCDs’) for an amount of Rs 200,000 lacs (base issue issue) with an option to retain oversubscription up to Rs 800,000 lacs aggregating up to Shelf Limit of Rs 1,000,000 lacs (‘NCD Issue’), Dewan Housing Finance Corporation has now informed that the Finance Committee of the Board of Directors at their meeting held August 25, 2016, which commenced at 10.15 a.m. and concluded at 10.40 a.m., approved the Shelf Prospectus and Tranche 1 Prospectus in respect of the NCD Issue, which shall be filed by the Company with Registrar of Companies, Mumbai, Maharashtra on August 25, 2016.

The above information is a part of company’s filings submitted to BSE.

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