Dewan Housing Finance Corporation (DHFL) is planning to raise funds by way of issuance of equity shares of the company and/or other securities of the company including by way of preferential issue or qualified institutions placement or any other permissible mode or a combination thereof through issue of prospectus and/or placement document and/or letter of offer and/or any other permissible/requisite offer document, as may be permitted under applicable law. The meeting of the Board of Directors of the company is scheduled to be held on August 13, 2018, to consider the same.
DHFL is one of India’s premier housing finance companies and is among the oldest private sector Housing Finance Companies (HFC) in India. The company was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.
