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.
What to watch. DHFL's stake sale of Aadhar to speed up
Published on
May 8, 2019 00:30
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