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  Business   Companies  04 May 2019  DHFL to raise up to Rs 2,000 cr

DHFL to raise up to Rs 2,000 cr

PTI
Published : May 4, 2019, 4:43 pm IST
Updated : May 4, 2019, 4:43 pm IST

Dewan Housing Finance Ltd will raise funds up to Rs 2,000 crore in one or more tranches.

The board of the company in its meeting on Saturday approved the proposal to raise capital up to Rs 2,000 crore, DHFL said in a filing.
 The board of the company in its meeting on Saturday approved the proposal to raise capital up to Rs 2,000 crore, DHFL said in a filing.

New Delhi: Dewan Housing Finance Ltd (DHFL) on Saturday said it will raise funds up to Rs 2,000 crore in one or more tranches.

The board of the company in its meeting on Saturday approved the proposal to raise capital up to Rs 2,000 crore, DHFL said in a filing to the Bombay Stock Exchange (BSE).

"The Board has constituted a sub-committee named "Special Committee for Issuance of Securities" and authorised the said Committee to decide upon various factors viz. mode, pricing, terms & conditions and other allied matters in respect of the said issuance," DHFL added.

Tags: bombay stock exchange, bse, dewan housing finance ltd, dhfl
Location: India, Delhi, New Delhi