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DHFL raises Rs 300 crore via NCDs

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Press Trust of India New Delhi

Dewan Housing Finance Corporation (DHFL) has raised Rs 300 crore by issuing bonds on a private placement basis.

The company in a stock filing said it has allotted 3,000 non-convertible debentures of face value of Rs 10 lakh each aggregating to Rs 300 crore.

The bonds with a maturity of one year are set to mature on March 25, 2019.

The non-banking financial company is present in lending, insurance and asset management business.

Stock of DHFL closed 0.43 per cent down at Rs 518 on BSE.

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First Published: Mar 22 2018 | 5:35 PM IST

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