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Dewan Housing Finance Corporation Ltd (DWNH.NS)

DWNH.NS on National Stock Exchange of India

130.25INR
3:59pm IST
Change (% chg)

Rs-3.50 (-2.62%)
Prev Close
Rs133.75
Open
Rs130.40
Day's High
Rs131.30
Day's Low
Rs127.40
Volume
9,086,139
Avg. Vol
18,438,023
52-wk High
Rs691.50
52-wk Low
Rs96.80

Latest Key Developments (Source: Significant Developments)

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

Dewan Housing Finance Corp Clarifies On News Item
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORP CLARIFIES ON NEWS ITEM "PRIVATE EQUITY FIRMS VIE FOR 10% STAKE IN DHFL".WITH REGARDS TO INTENT OF BRINGING STRATEGIC INVESTORS MENTIONED ON INVESTORS' CALL ON FEB 4, NO DISCUSSION OR DECISION HAS BEEN MADE.  Full Article

Dewan Housing Finance Corp CEO Harshil Mehta Resigns
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORPORATION - HARSHIL MEHTA EXPRESSED DESIRE TO RESIGN AS WHOLE TIME DIRECTOR, DESIGNATED AS JOINT MANAGING DIRECTOR & CEO.DEWAN HOUSING FINANCE CORPORATION SAYS MEHTA WOULD CONTINUE TO HOLD DESIGNATION OF EXECUTIVE PRESIDENT,RETAIL BUSINESS.  Full Article

India's Dewan Housing, Which Holds A 9.15 Percent Stake In Aadhar Housing, Will Also Sell Its Stake
Saturday, 2 Feb 2019 

By Aditya Kalra:WADHAWAN GLOBAL CAPITAL HAS AGREED TO SELL ITS 70 PERCENT STAKE IN AADHAR HOUSING FINANCE LIMITED TO BLACKSTONE - COMPANY STATEMENT.INDIA'S DEWAN HOUSING, WHICH HOLDS A 9.15 PERCENT STAKE IN AADHAR HOUSING, WILL ALSO SELL ITS STAKE.  Full Article

Dewan Housing Finance Says Co Not Got Communication From Ministry Of Corporate Affairs On Probe Against Co
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Dewan Housing Finance Corporation Ltd ::CO HAS NOT RECEIVED ANY COMMUNICATION FROM MINISTRY OF CORPORATE AFFAIRS IN RELATION TO PROBE AGAINST CO.SAYS DENY CONTENTS OF NEWS ITEM ON COMMUNICATION BY MCA.  Full Article

India's Dewan Housing Says Committed To Have Adequate Liquidity To Meet Commitments For The Next 1 Year
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Dewan Housing Finance Corporation Ltd ::SAYS "DHFL HAS NEVER LENT TO ANY SHELL COMPANY".SAYS THERE IS NO POLITICAL CONTRIBUTION BY DHFL OR ITS UNITS.SAYS COMMITTED TO HAVE ADEQUATE LIQUIDITY TO MEET COMMITMENTS FOR THE NEXT 1 YEAR.SAYS WILL SHORTLY BE ANNOUNCING RAISING DEBT FROM OVERSEAS MARKETS.  Full Article

Dewan Housing Chair Says Engaged Lawyers To Defend Itself Against Allegations
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Dewan Housing Finance Corporation Ltd ::CHAIR SAYS ALLEGATIONS BY COBRAPOST ARE UNFOUNDED AND MALICIOUS.CHAIR SAYS ENGAGED LAWYERS TO DEFEND ITSELF AGAINST ALLEGATIONS INCLUDING THOSE MADE BY COBRAPOST.CHAIR SAYS LIQUIDITY SITUATION IN THE LAST FEW MOMTHS CHALLENGING.CHAIR SAYS WILL BE ABLE TO GENERATE LIQUIDITY OF 40 BILLION TO 50 BILLION RUPEES IN THE NEXT FEW MONTHS.SAYS HAS PLANS TO MONETIZE LIFE INSURANCE BUSINESS IN THE COMING DAYS.SAYS STARTED THE PROCESS OF SELLING DOWN BULK PORTFOLIO.  Full Article

India's Dewan Housing Finance Corp Says Confident Of Meeting Any Scrutiny On Any Aspect Of Ops
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEWAN HOUSING FINANCE CORPORATION ISSUES STATEMENT REGARDING COBRAPOST ALLEGATIONS.CO, GROUP COMPANIES CONFIDENT OF MEETING ANY SCRUTINY ON ANY ASPECT OF OUR OPERATIONS.CO IS FULLY TAX COMPLIANT AND ITS BOOKS ARE AUDITED BY GLOBAL AUDITORS."WILL PURSUE THESE FRIVOLOUS ALLEGATIONS TO ITS LOGICAL CONCLUSION".ALL LOANS ARE DISBURSED IN NORMAL COURSE OF BUSINESS IN COMPLIANCE WITH ALL REGULATORY NORMS.CO HAS MET ALL OBLIGATIONS TO LENDERS, PAID BACK IN EXCESS OF 170 BILLION RUPEES IN LAST THREE MONTHS.  Full Article

India's Dewan Housing Finance Corporation Dec Quarter Profit Falls
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Dewan Housing Finance Corporation Ltd ::DEC QUARTER PROFIT 3.14 BILLION RUPEES VERSUS PROFIT 4.95 BILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 32.51 BILLION RUPEES VERSUS 28.94 BILLION RUPEES YEAR AGO.  Full Article

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Dewan Housing shares rise; CFO moved as corporate strategy head

Shares of Dewan Housing Finance Corp Ltd (DHFL) rose as much as 4.4 percent on Monday, after Chief Financial officer Santosh Sharma was redesignated to another role.