DHFL promoters look to sell half of their stake for $1 bn

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Read stories listed under on Wadhawan family. Promoters of debt-ridden mortgage lender DHFL are in talks with private equity firms and are expecting to garner USD 1 billion (about Rs.

Promoters of dewan housing finance corporation limited (nsei: DHFL) are in talks with private equity firms and are expecting to garner $1 billion (about INR 69 billion) by selling nearly 50% of.

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He says investors should not read negatively into the stake. How do you look at the IT space, promoter selling in Infosys had already rattled a lot of investors? A: I will not make such a grim.

Promoters of DHFL who have 39.8% stake in the company, could see their shareholding reduced by half after the deal. DHFL aims to raise about 5,500 crore from the stake sale.

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DHFL promoters look to sell half of their stake for $1 bn. According to sources, promoters have also expressed their intent to quit the management.

The government had mulled offloading around 10 percent stake in the PSU company to meet half of the divestment target of. Shareholders of Bharti Airtel on Wednesday approved a $1.2 billion deal to.

New Delhi: Promoters of debt-ridden mortgage lender DHFL are in talks with private equity firms and are expecting to garner USD 1 billion (about Rs 6,900 crore) by selling nearly 50 per cent of their holdings, sources said. The Wadhawan family, the promoters of the company, currently holds close to 40 per cent stake in the company.