In Tuesday’s session, shares of Dewan Housing Finance Corporation (DHFL) declined over 5 per cent after it broke the course of the last three sessions when it jumped 25 per cent.
The company has paid Rs 2,66,76,712 in interest on its non-convertible debentures, according to a BSE filing, the company claimed. The board of committee is scheduled to meet on Saturday, June 2019, to look upon the audited financial results and approve the same. It would be done for the March quarter and for the financial year ended March 31, 2019.
As per media reports, the lenders of DHFL may meet in July first week to work out a rescue package for the debt-ridden firm.
Shares of the mortgage lender traded 3.17 per cent down at Rs 76.25 on BSE at 12:30 pm on Tuesday.
Read EquityPandit’s Nifty Outlook for the Week