Page 21 - Dhfl

NSE to exclude DHFL shares from equity derivatives segment from Sept 27

On July 13, the debt-ridden firm had posted its biggest-ever quarterly loss of Rs 2,224 crore for the fourth quarter ended March 31

DHFL recovers after slipping 8%; auditors seek more info on financials

In January this year, there were allegations against the company's management and promoters over end use of certain funds loaned

Auditors sought additional information on crisis-ridden DHFL accounts

The audit committee of DHFL in its board meeting on July 13 asked the management to provide the audited financial results of the company by July 22

MFs differ with banks over DHFL resolution, may opt for the DRT route

A meeting is now scheduled between banks and MFs to find a path that can secure the interests of both sets of players

Crisis-hit DHFL says working closely with creditors to avoid any haircut

The statement comes after the shadow bank warned on Saturday it might not survive as a going concern and reported a net loss of Rs 22.23 billion ($324.19 million) for the March quarter

March quarter loss takes away DHFL investors' last string of hope

As tight liquidity squeezed the housing financier's business, FY19 is the first year of loss in its recent history

Lenders to initiate independent verification of crisis-hit DHFL's numbers

Appoints Alvarez & Marsal to monitor cash flows

Top 10 business headlines: DHFL net loss, Infosys hiring target and more

From DHFL's Q1 numbers to Future Group's top official being held, here are the stories which made to the headlines on Saturday

'Substantially impaired': The reason DHFL fears it may not survive

DHFL, one of India's largest housing finance companies, said it's 'undergoing substantial financial stress' and its ability to raise funds is 'substantially impaired'.

DHFL net loss zooms in March qr on higher provisioning of Rs 3,280 cr

Results are unaudited, to publish audited numbers by July 22

Board of cash-strapped DHFL meet today to finalise FY19 accounts

DHFL informed the stock exchanges that the audit of the company's standalone and consolidated accounts was in progress

Cash-strapped DHFL gets 7 days to finalise and present a resolution plan

The resolution plan will also entail additional lines of credit from the consortium

Lenders to cash-starved DHFL likely to finalise resolution plan today

The resolution process will entail an additional line of credit facility for DHFL

Crisis-hit DHFL headed for more trouble, auditors may decide to resign

Sources say the auditors may decide to resign ahead of the board meeting

DHFL crisis: Lenders to meet Thursday to discuss resolution plan

At the July 1 meeting, lenders had decided to sign the inter-creditor agreement by July 5 but could not do so yet

Lenders to crisis-hit DHFL lay down conditions for promoters

DHFL has sold as much as Rs 41,000 crore of its Rs 78,000-crore retail loan portfolio to banks and others

Letter to BS: More power to RBI to regulate housing finance is welcome

The NBFCs must make arrangements to improve the liquidity position to prevent further defaults

Cash-starved DHFL likely to get fresh line of credit from lenders

The consortium of lenders led by Union Bank of India discussed various modalities to ensure that their exposure to DHFL doesn't run into further stress

Lenders to crisis-hit DHFL agree to sign inter-creditor agreement by July 5

Private capital firms like AION Capital, joint venture between ICICI Venture and Apollo Capital Management, and Lone Star are amongst players looking for a stake in DHFL

DHFL crisis: Bankers to enter into inter-creditor agreement by July 5

The lenders also took stock of the month-end and quarter-end cash flow situation of the company whose promoters are talking to investors to pare stake to generate cash