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India’s Dewan Housing to list Rs. 40 billion of debentures on BSE Ltd.
By Tali Rackner
Norfolk, Va., July 25 – Dewan Housing Finance Corp. Ltd. informed the Bombay Stock Exchange that its board of directors passed a resolution to add the BSE Ltd. as one of the stock exchanges on which its Rs. 40 billion of nonconvertible debentures are proposed to be listed.
The company approved the issue of secured, redeemable debentures with a face value of Rs. 1,000 each on July 5. They will also be listed on the National Stock Exchange of India Ltd.
Dewan Housing is based in Gurgaon, India.
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