DHFL Shares Tank 8% Despite Management Clarification On Cobrapost Allegations

DHFL further clarified in a press release that it received an email at 8.44 am in the morning on Tuesday, with a follow-up reminder one hour later, seeking answers to 64 questions from Cobrapost, many of which were laced with political innuendos.

“We are shocked and surprised to receive this inquiry this morning, although Cobrapost had announced its press conference last Friday, i.e. 25 January 2019, to disclose an alleged financial scam.

DHFL has never delayed or defaulted on repayment to banks, and have repaid liabilities of Rs 18,000 crore including commercial papers of Rs 10,000 crore since September, the management clarified during the press conference.

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