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DHFL planning to raise funds via various means

02 May 2019 Evaluate

Dewan Housing Finance Corporation (DHFL) is planning for raising of funds by way of issuance of equity shares and/or other securities of the Company including by way of preferential issue, qualified institutions placement or rights issue 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. The Board of Directors of the Company at its meeting to be held on May 04, 2019 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.

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