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DHFL Set to Become First NBFC to be Referred to NCLT, Share Price Rises as Adani Group, Piramal Emerge as Major Bidders

Professor of Financial Economics and Part-time Value Investor, Transfin.
Nov 22, 2019 11:16 AM 1 min read

DHFL set to become first NBFC to be referred to NCLT. Gautam Adani and Ajay Piramal to bid for DHFL.



DHFL share price rises as Adani Group, Piramal emerge as major contenders for the crisis-hit HFC.

Shares of DHFL rose 4.9% today as Adani and Piramal Group emerged as the top contenders for the crisis-hit housing finance company. Apollo is also said to be in the fray to bid for the troubled company, IANS reported. Business Insider


DHFL is set to become the first non-banking financial company (NBFC) to be referred to the National Company Law Tribunal (NCLT), following the RBI's decision on Wednesday. Read all about it here.


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