India’s Dewan Housing plans Rs. 75 million nonconvertible debentures

By Wendy Van Sickle

Columbus, Ohio, March 10 – Dewan Housing Finance Corp. Ltd. plans to issue Rs. 75 million of secured nonconvertible redeemable debentures via private placement, according to a Bombay Stock Exchange notice.

The 75 debentures with a face value or Rs. 1 million each will be issued on the terms and conditions of the special resolution passed by shareholders on July 23, 2015.

Dewan Housing is based in Gurgaon, India.

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