DHFL share price: Dewan Housing Finance shares however recovered most of the losses in late morning deals
DHFL or Dewan Housing Finance Limited shares plunged around 9 per cent on Wednesday, a day after the mortgage lender said it had made a 40 per cent payment on unsecured commercial papers due on Tuesday. In a regulatory filing late on Wednesday, Mumbai-based DHFL said: "Out of the aggregate amount of Rs 375 crore, Rs 150 crores i.e. 40 per cent has been paid on a proportionate basis and the balance amount of Rs. 225 crore shall be paid in next couple of days." DHFL shares however recovered most of the losses in late morning deals.