Page 2 - Dewan Housing Finance

Plotting a fantasy: 3 reasons why DHFL's rescue plan is entirely fictional

The only reason the rescue is even being attempted is to delay - as long as possible - the collapse of the large shadow lender Dewan Housing Finance

DHFL lenders consider liquidating firm's assets to recover their dues

Lenders are discussing liquidating or buying out the assets of DHFL in lieu of their loan dues

Enforcement Directorate probes real estate deal of DHFL associate company

Essential Hospitality sold the office to a firm controlled by ex-Maharashtra CM's son-in-law

Kotak Mutual Fund, Axis MF approach Bombay HC to recover dues from DHFL

As Sebi norms prevent entry into DHFL resolution plan, MFs eye legal route

Banks may miss September 25 deadline to approve DHFL resolution plan

Lenders ask firm to settle dues towards commercial papers and meet bank interest accrued till July 5

Sundaram MF withdraws DHFL side-pocket, says not in-line with Sebi norms

Proposal was not in-line with Sebi norms on creating a separate portfolio for affected asset

Banks may take majority stake in DHFL, convert part of debt into equity

DHFL owes banks Rs 40,600 crore. It also has a liability of Rs 45,380 crore to pay the holders of debentures and bonds

May not be able to repay due in the near future: DHFL to stock exchanges

Banks have an exposure of Rs 40,600 crore to DHFL as on March 31

DHFL submits debt restructuring plan to core committee of creditors

The restructuring plan submitted by DHFL includes the founder's family reducing its stake and restructuring of loans, said one of the sources aware of details of the plan

Investors flee debt funds as credit quality slumps to lowest in 16 months

Cracks in the money market that started with IL&FS Group's default last year widened in June after mortgage lender Dewan Housing Finance Ltd. delayed debt payments

DHFL repays Rs 45 crore in debt; completes stake sale in Aadhar Housing

DHFL paid Rs 10 crore in interest on four non-convertible debentures and a principal of Rs 35 crore on one of them.

Dewan Housing awaits money from Blackstone to avert payments default

Dewan is behind schedule in meeting debt obligations as it missed paying Rs 960 crore of interest that was due Tuesday.

Dewan Housing Finance Corp misses interest payment of Rs 960 crore

According to people in the know, several fund houses also had their interest payment due dates on Tuesday

Dewan Housing Finance denies media report of clean chit by regulator

A consortium of 33 lenders, led by Union Bank of India, was said to have given a clean chit to the company after they heard an independent auditor report in a meeting.

Dewan Housing Finance Corporation denies charges levelled by Cobrapost

In an investor call held this morning, the company said it will come out with a detailed explanation to the charges soon

DHFL plans to scale down outstanding CP position to less than 1%

Commercial papers outstanding for the housing finance company by the end of November 2018, will constitute only one per cent of the total borrowings amounting to Rs 11.25 billion

DHFL profit up 26% at Rs 293 cr during July-Sept

The board of the company declared an interim dividend of Rs 3 per share or 30 per cent on equity share for 2017-18

DHFL loan to Manpreet Estates under tax scan

The promoters of Dewan Housing Finance (DHFL) and RKW Developers have come under an income tax (I-T) department scanner in connection with alleged transactions in benami properties of Rs 95 crore in a Mumbai-based redevelopment project. A provisional attachment order has been issued.It appears the first time where the tax authorities are taking recourse to last year's Benami Transactions (Prohibition) Act to establish a connection between a housing finance company and realty developers in sanctioning of loans -- of Rs 150 crore in this case to an entity which had purchased 10 apartments in the said project, New Urmila Housing Society at Khar West.DHFL chairman and managing director Kapil Wadhawan and RKW Developers' Dheeraj Wadhawan are siblings. According to latest BSE filings, promoters Aruna Wadhawan, Dheeraj Wadhawan and Kapil Wadhawan own less than one per cent each individually in DHFL. However, they own about 37 per cent through their holding entity, Wadhawan Global Capital. ..

DHFL offer of NCD, India's largest, booked in a day

Rs 10k-cr issue, Rs 12.5k-cr demand