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Tuesday 30 August 2016

Dewan Housing Finance Corporation Limited - Issues closes on 30th August 2016

Dewan Housing Finance Corporation Limited (“DHFL” or the “Company”), a private sector housing finance company registered with National Housing Bank (“NHB”), proposes to open on Monday, August 29, 2016, public issue of secured redeemable Non-Convertible Debentures (“NCD”) of face value of Rs. 1,000 each with a Base Issue Size of Rs. 2,000 crore and an option to retain oversubscription up to Rs. 8,000 crore aggregating up to Rs. 10,000 crore (“Shelf Limit”) (“Issue”);  by way of Tranche 1 Prospectus dated August 25, 2016, to be read together with the Shelf Prospectus dated August 25, 2016 (“Prospectus”) (“Tranche I Issue”). The Issue is scheduled to close on September 12, 2016, with an option of early closure or extension as decided by the Board of Directors of the Company (“Board”) or the Finance Committee.

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