DHFL Stock

Shares of Dewan Housing Finance Corporation (DHFL) on Monday jumped nearly 10 per cent after the company reported a consolidated net profit of Rs 96.75 cr for the quarter of fiscal ended in March 2021

Establishing a greenfield HFC may be cheaper for the bidders than picking up one embroiled in fraud probes

Banks to first ask current bidders to sweeten offers

The Administrator of the Company has received four resolution plans with respect to the options given to the Prospective Resolution Applicants

Officials say they've come across a dozen new transactions involving DHFL, Wadhawan brothers

The DHFL spokesperson, however, clarified that one bank's move may not have a bearing on other banks

While Rs 4,122 cr was parked with DHFL between March 2017 and Dec 2018, some Rs 2,267 crore is outstanding with the firm, which has been barred by Bombay HC from making fresh repayments

Shareholders vote on debt conversion plan at the AGM on Saturday

LIC has an exposure of Rs 1,570 crore which have been downgraded to junk category

DHFL had earlier said its creditors would not have to take any haircut on principal payments under its resolution plan.

In terms of traded volume, 22.03 lakh shares were traded on the BSE and over 1.97 crore shares on the NSE during the day

Plans to resume lending business from monthly EMI collections

A source said the auditor has raised additional queries on the firm's accounts