DHFL divests stake in two entities

31 Jul 2019

Dewan Housing Finance Corporation (DHFL) has completed divestment of its stake in DHFL Pramerica Asset Managers (17.12% stake held directly and 32.88% stake held through the Company's wholly-owned subsidiary, DHFL Advisory & Investments) to PGLH of Delaware Inc.

The company has also completed divestment of its stake in DHFL Pramerica Trustees (50% stake held directly) to PGLH of Delaware Inc.

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.

Related Dewan Housing Finance Corporation Ltd. Links:

Dewan Hsg Fin. Corp. Share Price

22.75 -1.15 (-4.81%) Mar 05, 18:59
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Peers
Company Name CMP
HDFC 2543.25
LIC Housing Finance 436.30
Indiabulls Housing 231.40
Dewan Hsg Fin. Corp. 22.75
PNB Housing Finance 430.65
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SEBI Registered: Investment Adviser - INA000013323

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