Trading in shares of DHFL will be suspended with effect from June 14, 2021 i.e. closing hours of trading on June 11, 2021, NSE said in a circular to its members.
Dewan Housing share rises 5% as lender files resolution application with NCLT
Although the stock price has risen over 4.5% in the last week, it has fallen 23% in one month, 33% since the beginning of the year
BusinessToday.In | February 26, 2021 | Updated 14:25 IST
The stock of the housing finance company has risen 15.45% in the last 3 days
Share price of debt-ridden mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) hit a 5% upper circuit on Friday. The stock rose after the lender said it has received no objection from the Reserve Bank and has filed an application for submission of resolution plan of Piramal Capital & Housing Finance Ltd (PCHFL) with the National Company Law Tribunal.
Primal Capital s Bid Gets Approval by DHFL Creditors
FOLLOW US ON:
The creditors of Dewan Housing Finance Corporation Ltd (DHFL) have approved the resolution plan submitted by Piramal Capital and Housing Finance Limited. The 18th committee of creditors (CoC) took this decision after holding a meeting on January 15 (Friday).
According to a regulatory filing released on Sunday, DHFL has said that the company has approved the resolution plan submitted by Piramal Capital and Housing Finance Limited (under Option I in terms of the RFRP dated September 16, 2020) by CoC by majority voting under section 30(4) of the Insolvency and Bankruptcy Code read with Reg. 39(3) of CIRP Regulations, as the successful resolution plan.