No knowledge of any stock price manipulation: Dewan Housing Finance

R.Y. Narayanan Coimbatore | Updated on July 09, 2012 Published on July 09, 2012

Dewan Housing Finance Corporation Ltd has said the company and its promoters categorically deny any knowledge of any manipulation or any connection whatsoever with the so called brokers/ manipulators as reported in the media.

DHFL said in a communication to the stock exchanges that as a leading housing finance institution in the country, the company had always complied with and continued to adhere to all directions/ guidelines as laid down by the market regulator from time to time with strong corporate governance practices.

The company was responding to reports in a section of the media that DHFL was named as one of the companies in which stock price manipulation took place by certain brokers/ market manipulators.

Published on July 09, 2012
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