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Dewan Housing Finance Corporation Ltd (DWNH.NS)

DWNH.NS on National Stock Exchange of India

69.25INR
11:27am BST
Change (% chg)

Rs6.25 (+9.92%)
Prev Close
Rs63.00
Open
Rs61.50
Day's High
Rs70.30
Day's Low
Rs59.75
Volume
41,873,993
Avg. Vol
26,084,539
52-wk High
Rs691.50
52-wk Low
Rs59.75

Latest Key Developments (Source: Significant Developments)

DHFL Says Made Full Payment On Interest Payable On NCDs Within Cure Period Of 7 Working Days
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Dewan Housing Finance Corporation Ltd ::MADE FULL PAYMENT ON INTEREST PAYABLE ON SECURED REDEEMABLE NCDS WITHIN CURE PERIOD OF 7 WORKING DAYS.MADE INTEREST PAYMENTS IN LIEU OF 9.61 BILLION RUPEES AS COMMITTED TO ITS DEBENTURE HOLDERS.WILL SEEK RATING UPGRADES FROM AGENCIES.SINCE SEPT 2018, MANAGED TO MAKE LIABILITIES PAYMENT OF OVER 360 BILLION RUPEES WITHOUT AVAILING FRESH FUNDING FROM ANY LENDER.COMMITTED TO MEETING ALL FUTURE DEBT SERVICING OBLIGATIONS IN TIMELY MANNER.COMMITTED TO MEETING FUTURE DEBT SERVICING OBLIGATIONS VIA FURTHER ASSET MONETISATION PLANS, ONBOARDING STRATEGIC PARTNER.  Full Article

Dewan Housing Finance Corp Says Sale Of Stake In Aadhar Housing Finance Completed
Monday, 10 Jun 2019 

June 10 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORP - SALE OF STAKE IN AADHAR HOUSING FINANCE TO BCP TOPCO VII PTE. HAS BEEN COMPLETED.  Full Article

Dewan Housing Finance Pays Interest, Principal On NCDs Due June 10
Monday, 10 Jun 2019 

June 10 (Reuters) - Dewan Housing Finance Corporation Ltd ::PAID INTEREST, PRINCIPAL ON NCDS DUE JUNE 10.  Full Article

UTI Mutual Fund Increases Markdown To DHFL Debt Securities TO 100%
Friday, 7 Jun 2019 

June 7 (Reuters) - UTI MUTUAL FUND: :UTI MF HAD TAKEN A 75% MARKDOWN TO DHFL DEBT SECURITIES IN SCHEMES THAT HAVE AN EXPOSURE TO DHFL.CONSIDERING HIGH LEVEL OF UNCERTAINTY OF RECOVERY TIMELINES AND VALUE, UTI MF INCREASES MARKDOWN TO DHFL DEBT SECURITIES TO 100%.IF THERE IS ANY RECOVERY IN FUTURE, PROVISION WILL BE WRITTEN BACK TO THE SCHEME(S) ON ACTUAL RECEIPT BASIS.  Full Article

DHFL Says Will Ensure Payment Of Interest Due On NCDs Within Cure Period Of 7 Days
Friday, 7 Jun 2019 

June 7 (Reuters) - Dewan Housing Finance Corporation Ltd ::TAKING ALL NECESSARY STEPS AND SHALL ENSURE PAYMENT OF DUE INTEREST WITHIN CURE PERIOD OF 7 DAYS.RESPONDS TO MEDIA REPORT ON DHFL DELAYING REPAYMENT OF NCDS WORTH 9 BLN RUPEES.  Full Article

Dewan Housing Finance Corporation Says NHB Granted Prior Approval For Proposed Acquisition Of Aadhar Housing Finance
Tuesday, 7 May 2019 

May 7 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORPORATION LTD - NHB GRANTED ITS PRIOR APPROVAL FOR PROPOSED ACQUISITION OF CONTROL OF AADHAR HOUSING FINANCE.  Full Article

Oaktree In Talks To Take Over 200 Bln Rupees Of DHFL Wholesale Book- CNBC-TV18, Citing Sources
Friday, 26 Apr 2019 

April 26 (Reuters) - :OAKTREE IN TALKS TO TAKE OVER 200 BILLION RUPEES OF DEWAN HOUSING FINANCE CORP WHOLESALE BOOK- CNBC-TV18, CITING SOURCES.OAKTREE TO OFFER 50 BILLION RUPEES UPFRONT AS CASH, REST IN MONETISABLE UNITS FOR DEWAN HOUSING FINANCE CORP'S WHOLESALE BOOK- CNBC-TV18, CITING SOURCES.  Full Article

Dewan Housing Finance Corp Says CRISIL Downgrades Co's 8.50 Bln Rupee Commercial Paper
Thursday, 18 Apr 2019 

April 18 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORP - CRISIL DOWNGRADES CO'S 8.50 BILLION RUPEE COMMERCIAL PAPER TO 'CRISIL A3+' FROM 'CRISIL A2+'.DEWAN HOUSING FINANCE CORP - CRISIL CITES LOW VISIBILITY IN RAISING FUNDS, LIQUIDITY LEVELS REMAIN SUBDUED VERSUS EARLIER EXPECTATIONS.  Full Article

Dewan Housing Finance "Expresses Concern" Over Care Ratings' Re-Rating
Thursday, 7 Mar 2019 

March 7 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORPORATION LTD MEDIA STATEMENT ON CARE RE-RATING.DEWAN HOUSING FINANCE CORP-"EXPRESSES CONCERN" OVER CARE’S RE-RATING, "ALLUDES TO IT AS A NON-MERIT BASED AND ENTIRELY IRRATIONAL DECISION".DEWAN HOUSING FINANCE CORP -IN ADVANCED STAGES OF DISCUSSIONS TO ACHIEVE RIGHT STRATEGIC PARTNER OVER NEXT 90 DAYS.  Full Article

Dewan Housing Finance Says CRISIL Downgrades Co's Commercial Paper Programme, Short Term Deposit
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Dewan Housing Finance Corporation Ltd ::CRISIL DOWNGRADES CO'S COMMERCIAL PAPER PROGRAMME TO 'CRISIL A1' FROM 'CRISIL A1+'; RATING WATCH WITH NEGATIVE IMPLICATIONS.CRISIL DOWNGRADES CO'S SHORT TERM DEPOSIT TO 'CRISIL A1' FROM 'CRISIL A1+'; RATING WATCH WITH NEGATIVE IMPLICATIONS.CRISIL CITES LIMITED PROGRESS IN RAISING FUNDS IN LAST MONTH, SLOWER-THAN EXPECTED BUILD UP OF ON-BALANCE SHEET LIQUIDITY.  Full Article

India tightens credit rating norms after defaults, downgrades

MUMBAI, June 13 India's market regulator on Thursday ordered enhanced disclosure norms for credit rating agencies in an effort to increase transparency as the country reels under a slew of rating downgrades and defaults that have roiled debt and equity markets.