DHFL Says Committee of Creditors Approved Piramal s Resolution Plan
IANS
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Dewan Housing Finance Corporation Ltd (DHFL) on Sunday said that its committee of creditors (CoC) has approved the resolution plan of Piramal Capital and Housing Finance Ltd.
The resolution plan submitted by Piramal Capital and Housing Finance Ltd (under Option I in terms of the RFRP dated September 16, 2020) was duly approved by CoC by majority voting under section 30(4) of the Insolvency & Bankruptcy Code read with Reg. 39(3) of CIRP Regulations, as the successful resolution plan, DHFL said in a regulatory filing.
According to sources, Piramal received 94% of the votes from the Committee of Creditors (CoC). The minimum requirement for winning a bid is 66% votes.
IFCI Ltd, Yaarii Digital Integrated Services Ltd, Reliance Infrastructure Ltd and Dewan Housing Finance Corporation Ltd are among the other losers in the BSE s A group today, 15 December 2020.
IFCI Ltd, Yaarii Digital Integrated Services Ltd, Reliance Infrastructure Ltd and Dewan Housing Finance Corporation Ltd are among the other losers in the BSE s A group today, 15 December 2020.
MMTC Ltd lost 6.94% to Rs 24.15 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 6.72 lakh shares were traded on the counter so far as against the average daily volumes of 3.79 lakh shares in the past one month.
Yes Bank Ltd, Yaarii Digital Integrated Services Ltd, Dewan Housing Finance Corporation Ltd and Welspun Corp Ltd are among the other losers in the BSE s A group today, 14 December 2020.
Yes Bank Ltd, Yaarii Digital Integrated Services Ltd, Dewan Housing Finance Corporation Ltd and Welspun Corp Ltd are among the other losers in the BSE s A group today, 14 December 2020.
PC Jeweller Ltd tumbled 7.13% to Rs 23.45 at 14:47 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 16.9 lakh shares were traded on the counter so far as against the average daily volumes of 10.56 lakh shares in the past one month.