DHFL Pays Some Investor Dues, Completes Stake Sale In Aadhar Housing

We expect the government in its first budget of the second term to continue special thrust on the rural economy, social sector reforms, infrastructure and housing sector, said Patel. Among other.

DHFL pays some investor dues, completes stake sale in Aadhar Housing Monday, 10 June 2019 indian mortgage lender dewan housing finance Corp Ltd (DHFL) said it has paid the interest and principal on certain debt instruments that was due on Monday and completed the stake sale in Aadhar Housing Finance Ltd to an entity backed by Blackstone Group LP.

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Sources said that while both Heineken and UB Group have been working on the contours of the deal, UB Group is reluctant to opt for a complete buyout and is seeking a premium for a stake sale in the Rs.

BRIEF-Blackstone-Backed Private Equity Funds Buys 97.7% Stake In Aadhar Housing Finance Reuters – 10:31 AM ET 06/11/2019 India’s DHFL pays some investor dues, completes stake sale in Aadhar Housing

DHFL Pays Some Investor Dues, Completes Stake Sale In Aadhar Housing DHFL paid Rs 10.02 crore in interest on four non-convertible debentures (NCD) and principal of Rs 35 crore on one of them.

Mumbai: Mortgage lender Dewan Housing Finance Corp. Ltd (DHFL) plans to sell a majority stake in its Aadhar Housing Finance Ltd unit, two people aware of the development said. Aadhar Housing.

KOLKATA: Dewan Housing group companies Aadhar Housing Finance Ltd and DHFL Vysya Housing Finance Ltd will be merged into one to create a pan-India entity with Rs 3,300 crore of loan assets for financing affordable housing, a priority area for the Narendra Modi-led government. The merger plan.

DHFL pays some investor dues, completes stake sale in Aadhar Housing DHFL paid Rs 10.02 crore ($1.44 million) in interest on four non-convertible debentures (NCD) and principal of Rs 35 crore on one of them, it said in a filing on Monday.

India’s DHFL pays some investor dues, completes stake sale in Aadhar Housing BENGALURU, June 10 (Reuters) – Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) DWNH.NS said it has paid the interest and principal on certain debt instruments that was due on Monday and completed the stake sale in Aadhar Housing Finance Ltd to an entity.

Sources said that while both Heineken and UB Group have been working on the contours of the deal, UB Group is reluctant to opt for a complete buyout and is seeking a premium for a stake sale in the Rs.