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Markets - Rights Issue
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Dewan Housing rights issue

Our Bureau

Mumbai, April 1 Dewan Housing Finance Corporation Ltd said it has filed the draft letter of offer with SEBI for its proposed rights issue and re-pricing of options granted under employees stock option plan (ESOP).

DHFL proposes the issue of shares on rights basis to raise funds not exceeding Rs 105 crore to existing shareholders.

DHFL also proposed to re-price the options granted under an ESOP scheme in 2008 to provide its employees a share in growth of the company, and to attract, retain and motivate the best talent.

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