Business Standard

Board of Dewan Housing Finance Corporation approves to raise funds up to Rs 5100 cr

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Capital Market

At meeting held on 09 March 2016

Dewan Housing Finance Corporation announced that the Board of Directors of the Company at its meeting held on 09 March 2016, inter-alia, has approved the following:

1. To raise funds upto Rs 5,100 crore, subject to market conditions by way of a secured or unsecured debt issue by means of a private placement or listed on any offshore or onshore Stock Exchanges, (the Issue).

Further, the senior management team of the Company shall engage in meetings with credit investors, analysts amongst others in connection with aforementioned Issue.

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First Published: Mar 10 2016 | 9:05 AM IST

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