Image Source: Reuters

Dewan Housing Finance Ltd (DHFL) on Saturday said it will raise funds up to ₹ 2,000 crores in one or more tranches.

The board of the company in its meeting on Saturday approved the proposal to raise capital up to ₹ 2,000 crores, DHFL said in a filing to the BSE.

“The Board has constituted a sub-committee named “Special Committee for Issuance of Securities” and authorized the said Committee to decide upon various factors viz. mode, pricing, terms & conditions and other allied matters in respect of the said issuance,” DHFL added.

Source: PTI

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