Mar 10, 2018 03:49 PM IST | Source: PTI

DHFL to raise up to Rs 500 cr from NCDs

The company plans to issue secured redeemable non-convertible debentures amounting to Rs 500 crore including a greenshoe option of up to Rs 250 crore on a private placement basis, DHFL said in a filing to stock exchanges.

 
 
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Dewan Housing Finance Corporation Ltd (DHFL) said it proposes to raise up to Rs 500 crore from debentures to fund business expansion.

The company plans to issue secured redeemable non-convertible debentures amounting to Rs 500 crore including a greenshoe option of up to Rs 250 crore on a private placement basis, DHFL said in a filing to stock exchanges.