On Friday, the company's credit ranking was downgraded by Brickwork Ratings to 'BBB-Plus'
CRISIL has downgraded rating on DHFL's commercial paper from "A3+" to "A4+" on concerns over the more-than-expected reduction in liquidity.
Flags concern on dwindling liquidity; stock down 4.6%
These non-convertible debentures were issued on a private placement basis, DHFL said in a statement
The company is under the scanner of various authorities following allegations of siphoning off Rs 31,000 crore out of total bank loans of Rs 97,000 crore through layers of shell companies
The independent audit report is on 39 of the 64 allegations levelled against the housing finance company by a news agency
In many ways, it is the reflection of the larger non-banking finance company (NBFC) sector fighting a liquidity crisis. But DHFL is a special case
Icra downgraded DHFL's Rs 8,000-crore CPs from 'A1 plus' to 'A2 plus'
Harshil Mehta, who quit as joint managing director and CEO on Feb 13, to continue as Executive President-Retail Business
On the traded volume front, 59.76 lakh shares were traded on the BSE and over 5 crore units on the NSE
Besides, the board has recommended appointment of Sunjoy Joshi as an Independent Director and Srinath Sridharan as a Non-Executive Director
Lenders suddenly find themselves uncomfortably exposed to India's struggling property developers
Deal likely in 90 days, they say; promoter holding to be diluted on expanded equity
The stock moved 11% higher at Rs 123, bouncing back 27% from its six-year low price of Rs 97 touched on BSE in early morning trade on Monday.
I think DHFL's response is very specific, business like and to the point. Its only mistake perhaps was that it was not signed by their top man
CARE cut ratings from "AAA" to "AA+" for debentures, loans and deposits
A report by Cobrapost claimed that DHFL, through layers of 45 shell companies, allegedly siphoned off Rs 31,000 crore out of the total bank loans of Rs 97,000 crore
The stock declined 14% at Rs 139, to touch its lowest level since May 16, 2014, on the BSE.
First victim of the NBFC crisis, the company's m-cap already down by 60% since September
The stock was down 5 per cent to Rs 162 on Wednesday, falling 23 per cent in past three days from level of Rs 209 on Friday, January 25, 2019.