Corporate Announcement
Security Code : 511072    Company : DHFL    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Dewan Housing Finance Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2013, inter alia, has considered the following :

1. Borrowings by way of Private Placement of Secured Debentures upto an amount not exceeding Rs. 3000 crore, in one or more tranches (including an option to retain over-subscription for issuance of additional NCDs, in such manner as the Board may at its sole discretion determine).

2. Borrowing by way of issue of Unsecured Redeemable Non-Convertible Subordinated Debentures (Tier II) upto an aggregate value of Rs. 1,000 crore on private placement basis.
 

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