Dewan Housing Finance Clears Interest On Non-Convertible Debentures

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Caught napping on IL&FS, credit rating agencies took little time to knock the debt issued by Dewan Housing Finance Ltd (DHFL) to “default" grade after it skipped its interest payments due on some debentures.

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Dewan housing finance limited (dhfl) has paid Rs 962 crore interest on non- convertible debentures (NCD), according to a release filed with.

Dewan Housing Finance Corporation (DHFL. But more importantly we are coming out with a large public issue of non-convertible debentures (NCD) which hopefully will hit in the first week of August.

The company is a deposit-taking housing finance registered with the NHB and focused on providing financing products for the LMI segment in India primarily in Tier II and tier iii cities and towns. They have been active in the housing finance sector in India since 1984.

DHFL makes fresh default on Rs 1,571 crore bond repayments The defaults pertain to three cases with regard to interest payment on non-convertible debentures and commercial papers (CPs), Dewan Housing Finance Corporation Ltd (DHFL) said in a regulatory filing.

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The slump in Dewan Housing Finance Limited (DHFL) share price has left ace investor rakesh jhunjhunwala poorer by Rs 88.85 crore since quarter ended March 31 this year. dhfl share price has fallen 59% or 88.85 points during the period. Rakesh Jhunjhunwala held 1 crore shares or 3.19% stake in the firm at Rs 150.5 per share on March 29, 2019.

4 days ago · Finance (India) DHFL defaults on 20-cr interest. thehindubusinessline.com – Our Bureau. Dewan Housing Finance Corporation Ltd defaulted on interest payment of 20.24 crore towards non-convertible debentures. In a regulatory filing on.

The troubled Dewan Housing Finance Corporation Ltd (DHFL) has reported that it. series of non-convertible debentures as well as commercial paper on August 16.. It has also defaulted on repayment of interest of 363.77 crore and principal. DHFL's resolution plan, which was cleared by its board and.

Update on Investment in Dewan Housing Finance Corporation Limited (DHFL) Issuer Background. Oriented Hybrid Fund had invested in the non-convertible debentures of DHFL. On June 4, 2019, DHFL had defaulted on their interest servicing obligations. Consequent to this non-payment of interest due, the valuation agencies have marked down the