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PIRAMAL DHFL
Piramal Capital & Housing Finance acquires DHFL via reverse mergerIn November 2019, RBI had referred DHFL -- then the third-largest pure-play mortgage lender -- for resolution under the Code. DHFL had gone...
Piramal completes acquisition of DHFL for Rs 34,250 crore, biggest resolution in value termsLenders led by State Bank of India (SBI) are set to log recoveries of ?37,400 crore this week, as Piramal Capital and Housing Finance's (PC...
After acquisition of DHFL, Piramal Group sets eyes on demerger of pharma businessPiramal Enterprises (PEL) has completed the acquisition of Dewan Housing Finance (DHFL) by paying Rs 34,250 crore to creditors of the troub...
Piramal Group completes acquisition of DHFL"It's a defining milestone," Piramal group chairman Ajay Piramal said Wednesday. "This gives us the opportunity to address the financing ne...
DHFL begins implementing Piramal resolution planKhushru Jijina, managing director at PCHFL who has rich experience in corporate finance, is in the committee. “His expertise could be instr...
DHFL resolution: NCLAT issues notices to lenders, Piramal on 63 Moons Tech's pleaThe appellate tribunal has directed all parties to file their replies before July 19, which is the next date of hearing.
Piramal Group begins merger of DHFL with mortgage armKhushru Jijina, managing director at PCHFL who has rich experience in corporate finance, is on the committee. “His expertise could be instr...
63 Moons to move NCLAT against Piramal's bid for DHFLIn November 2019, DHFL became the first NBFC to be referred for bankruptcy by the RBI.
'Zero' worth DHFL shares up 30% in a week! Investors shrug off warningsDHFL shares rose 10 per cent to get locked at Rs 22.85, the upper circuit limit on Tuesday. The stock has gained over 50 per cent in less t...
DHFL: Possible merger, delisting — what next? A look at fresh developments amid rising speculationThe resolution plan for DHFL was approved by the RBI in February, and by Competition Commission of India (CCI) in April. Piramal’s offer go...
DHFL stock hits upper circuit on filing application with NCLT for submission of resolution planOn Thursday, the company said, it has received no objection from the Reserve Bank and has filed application with NCLT for submission of the...
Piramal gets RBI nod to acquire debt-hit DHFLA quick approval from the RBI is likely a precursor for a NCLT approval even as the resolution plan, the first for a NBFC, was officially a...
DHFL shares jump as Piramal set to take over crisis-hit lenderThe stock, which gained 76 per cent last year after two years of sharp falls, rose 5 per cent in early trading and hit an upper price limit...
Piramal Group claims its bid for DHFL highest and compliant with normsSince the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital a...
DHFL lenders want Piramal to delink merger clause from its bid“What if a merger is delayed? To avoid uncertainty, the bid should not be connected to the proposed merger. This was raised at the CoC (com...
Piramal, Oaktree up recovery pitch to DHFL lendersPiramal Group told lenders that the value of the insurance company would be higher than earlier estimates. Separately, the US-based Oaktree...
Oaktree Capital, Piramal Enterprise trump Adani Properties with new DHFL bidsMultiple people involved in the discussions said that Oaktree’s ₹36,646-crore offer has the quickest repayment timelines and a higher overa...