DHFL Pays Some Investor Dues, Completes Stake Sale In Aadhar Housing

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DHFL pays some investor dues, completes stake sale in Aadhar Housing Mon, 10 jun 2019 20:14:00 gmt DHFL paid Rs 10.02 crore ($1.44 million) in interest on four non-convertible debentures (NCD) and principal of Rs 35 crore. that was due on Monday and completed the stake sale in Aadhar Housing.

Read more about DHFL pays Rs 962 cr towards non-convertible debentures within cure period on Business Standard. The company added that since September 2018, it has managed to make liabilities payment of over Rs 36,000 crore without availing of any fresh funding from any lender

Around that time, DHFL share price got hit prompting its chairman and managing director to assure investors that the fall showed “complete disregard. for the proposed sale. DHFL Vyasa and Aadhar.

DHFL pays some investor dues, completes stake sale in Aadhar Housing. said it has paid the interest and principal on certain debt instruments that was due on Monday and completed the stake sale in Aadhar Housing Finance to an entity backed by Blackstone Group. DHFL paid Rs 10.02 crore ($1.44.

DHFL pays some investor dues, completes stake sale in Aadhar Housing Mortgage lender dewan housing finance (dhfl) said it has paid the interest and principal on certain debt instruments that was due on Monday and completed the stake sale in Aadhar Housing Finance to an entity backed by Blackstone Group.

DHFL ) in interest on four non-convertible debentures (NCD) and principal of 350 million rupees on one of them, it said on Monday.

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Dewan Housing Finance Corporation (DHFL) has closed the deal to sell stake in Aadhar Housing Finance to investment firm Blackstone, sources told CNBC-TV18.. The DHFL promoter group will get Rs 800 crore from the transaction and the company will utilise parts of Aadhar deal proceeds and securitisation of portfolio to pay its non-convertible debentures (NCDs) dues on June 11.

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