Shares of Dewan Housing Finance Corporation (DHFL) will remain in focus, as the non-banking financial company’s plans to divest its stake in Aadhar Housing Finance are expected to materialise soon. The company has received an approval from the National Housing Bank for stake sale. In February, the board of Dewan Housing had approved sale of its stake in Aadhar Housing Finance to Blackstone-owned private equity fund - BCP Topco VII - for ₹2,700 crore to meet its debt obligation.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.