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DHFL plans to raise Rs 125 crore by debt

Dewan Housing Finance Corporation Ltd (DHFL) is going to raise Rs 125 crore via private placement debentures.

“…the Company now proposes to revise the said issue (of Rs 25 crore) to 1,250 secured non-convertible redeemable debentures with a face value of Rs 10 lakh each aggregating to Rs 125 crore including green-shoe option to the extent of Rs 50 crore on private placement basis.”

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