Thursday 24 October 2019

DHFL Shares Locked At 5% Lower Circuit

Shares of Dewan Housing Finance Corporation were locked in the 5 percent lower price band at Rs 18.45 on BSE on October 24 after reports emerged its lenders will be sending findings of KPMG's forensic audit report to debt-ridden DHFL to seek its reply.

DHFL is expected to disclose the essence of the banker's note to the exchanges, sources told CNBC-TV18. KPMG's forensic report on DHFL is still in the draft stage. When presented to bankers, the report was still unsigned.

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