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Published on 4/22/2016 in the Prospect News Emerging Markets Daily.

India’s Dewan Housing plans Rs. 130 million secured debentures

By Tali Rackner

Norfolk, Va., April 22 – Dewan Housing Finance Corp. Ltd. informed the Bombay Stock Exchange that it is proposing a Rs. 130 million issue of secured redeemable nonconvertible debentures.

The 130 debentures, each with a face value of Rs. 1 million, will be issued on a private placement basis.

Dewan Housing is based in Gurgaon, India.


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