DHFL begins implementing Piramal resolution plan
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Khushru Jijina, managing director at PCHFL who has rich experience in corporate finance, is in the committee. “His expertise could be instrumental in dealing in DHFL’s wholesale book,” said a person familiar with the matter.
Agencies
“The matter is now settled. Nothing can upset it as the authorities demonstrated exemplary action in resolving this case,” said a senior banker, whose institution lent to DHFL.
An executive team headed by Jairam Sridharan of Piramal Retail Finance has been set up on the directions of the National Company Law Tribunal to effect the transfer of Dewan Housing Finance Ltd (DHFL) to its acquirer, Piramal Capital and Housing Finance Ltd (PCHFL).