DHFL promoters' holding frozen for delay in first quarter results

Central Depository Services (CDSL) has frozen debt-ridden Dewan Housing Finance Corporation’s (DHFL’s) promoter shareholding since the company has not filed results for the first quarter.

However, sources close to DHFL said the company is going to declare its results in few days and is arranging a board meeting for the purpose.

According to sources, the delay in the results is because the auditor has resigned. “Since DHFL’s auditors had resigned and a new auditor had been appointed at the AGM held on September 28, the company’s first quarter results had been delayed,” said one of the sources.

Meanwhile, DHFL informed the BSE that