Webprocess, Piramal Capital and Housing Finance Ltd. (PCHFL) will merge with DHFL. The merged entity will be 100% owned by Piramal Enterprises Limited. The creditors of DHFL (including FD holders) would recover an aggregate amount of ~Rs.38,000 Crores from the resolution process of DHFL. This amount comprises of (i) ~Rs. 34,250 Crores to be paid by WebJun 17, 2024 · The court “suggested” that the creditors' committee allot more money to the small investors. It observed that Fixed Deposit Holders of DHFL have requested lenders “enhance the percentage of the payment made in the plan and the same should be increased to the level of Secured Financial Creditors i.e. approximately 40% the Financial ...
Official Announcements - Piramal Capital & Housing Finance
WebJun 8, 2024 · Dewan Housing Finance Ltd (DHFL) share price hit 10 per cent upper circuit at Rs 22.85 apiece intraday on BSE, even as the debt-ridden company in an exchange filing said that its shares would be... WebDec 6, 2024 · Dewan Housing Finance Corporation Ltd (DHFL) had stopped making payments to its fixed deposits (FD) investors. On November 29, the Reserve Bank of India had filed an application for initiation of ... eastleigh household recycling centre
DHFL investors to move Supreme Court against plan to delist …
WebNov 19, 2024 · A special leave petition in the SC was filed on Monday and it is expected to be listed in the next few weeks. The default by the housing finance company, Dewan Housing Finance Corporation (DHFL), to a slew of investors has landed in the Supreme Court (SC), with a fixed deposit holder moving the apex court seeking dues. WebNov 3, 2024 · Rumours of a liquidity crisis at the company began doing the rounds, but DHFL denied the same at the time. One of DHFL’s promoters is Wadhawan Global Capital Ltd, which holds 37.3% of shares in... WebJan 20, 2024 · FD holders reject plan. DHFL has about 77,000 retail fixed deposit holders, apart from 3,500 institutional fixed depositors. According to the resolution plan, FD holders of up to Rs 2 lakh will get their entire money back. However, above Rs 2 lakh, only 25 per cent of the money due will be paid. “We are now 400 plus petitioners who are FD ... eastleigh hub bishopstoke road