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India’s Dewan Housing proposes Rs. 15 billion of redeemable debentures
By Tali Rackner
Norfolk, Va., Feb. 22 – Dewan Housing Finance Corp. Ltd. informed the Bombay Stock Exchange that it proposes to issue Rs. 15 billion of secured redeemable nonconvertible debentures via private placement.
The issue is pursuant to a special resolution passed by the company’s shareholders at its 32nd annual general meeting held on July 20, 2016.
Dewan Housing is based in Gurgaon, India.
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