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Dewan Housing Finance Corporation, vide letter bearing no. DHFL/CSD/2019-20/1729 dated 20th November, 2019, had intimated the stock exchanges that the Reserve Bank of India (RBI) has superseded the Board of Directors of the Company and appointed R. Subramaniakumaras the Administrator of the Company in terms of Section 45-IE of the Reserve Bank of India Act, 1934 (RBI Act). In continuation thereof vide letter No. DHFL/CSD/2019-20/1732 dated 22nd November, 2019, the Company had intimated the stock exchanges that RBI, in exercise of powers conferred under section 45 IE 5(a) of the RBI Act, has constituted a three member Advisory Committee to assist the Administrator of the Company in discharge of his duties. Further, the Company through letter bearing no: DHFL/CSD/2019-20/1741 dated 3rd December 2019, had intimated that, pursuant to an order dated 3rd December, 2019 of the '\ National Company Law Tribunal, Mumbai Bench (NCLT), Corporate Insolvency Resolution Process (CIRP) has been initiated against the Company as per the provisions of the Insolvency and Bankruptcy Code, 2016 (Code). Pursuant to the above, the Company now informed that the Administrator (assisted by the Advisory Committee), at the Advisory Committee Meeting held on 22nd January, 2020, which commenced at 5 p.m. and concluded at 11.55 p.m., have considered and taken on record the Ind-AS Un-audited Financial Results (Standalone & Consolidated) of the Company for the second quarter/ half year ended 30th September, 2019 along with notes thereto and along with the Limited Review Report thereon furnished by the Statutory Auditors of the Company, as per Regulation 33 of the SEBI Listing Regulations and in compliance with the Indian Accounting Standards as per the provisions of the Companies (Indian Accounting Standards) Rules, 2015 (the Rules) and other applicable laws. The copies of the said Ind-AS Un-audited Financial Results (Standalone & Consolidated) for the second quarter/ half year ended 30th September, 2019 along with notes thereto and along with the Limited Review Report thereon are enclosed herewith.
The above information is a part of company’s filings submitted to BSE
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 643.55 |
| Indiabulls Housing | 165.50 |
| Housing & Urban Dev. | 194.65 |
| PNB Housing Finance | 773.00 |
| Can Fin Homes | 758.60 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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