Webprocess, Piramal Capital and Housing Finance Ltd. (PCHFL) will merge with DHFL. The merged entity will be 100% owned by Piramal Enterprises Limited. The creditors of DHFL (including FD holders) would recover an aggregate amount of ~Rs.38,000 Crores from the resolution process of DHFL. This amount comprises of (i) ~Rs. 34,250 Crores to be paid by WebOct 1, 2024 · Piramal Enterprises on Friday said its subsidiary, Piramal Capital & Housing Finance Limited (PCHFL), has merged with debt-ridden Dewan Housing Finance (DHFL) after paying Rs 34,250 crore to the …

Piramal acquires DHFL by paying creditors Rs 38,000 crore

WebJun 15, 2024 · Even as Piramal Enterprises is all set to merge its latest acquisition, Dewan Housing Finance Corporation (DHFL), with its own financial services business, its fight … WebSep 29, 2024 · Piramal Group completes DHFL acquisition in total consideration of ₹34,250 crore Mint Up to 40% off on premium plans Subscribe now Gainers & Losers Fri Mar 24 2024 14:18:38 Top Gainers Top... electrical appliance wattage chart

DHFL case: Piramal mulling legal option after NCLAT order

WebJun 8, 2024 · The resolution plan for DHFL was approved by the RBI in February, and by Competition Commission of India (CCI) in April. Piramal’s offer got about 94% votes of the creditors. Rival bidders Oaktree and … WebFinancial Reports Un-audited Financial Results (Standalone) for the quarter and nine months ended 31st December, 2024 Un-audited Financial Results (Standalone) for the quarter and half year ended 30th September, 2024 Outcome of the Board Meeting for the year ended 31st March 2024 WebFeb 18, 2024 · Piramal to merge DHFL as soon as NCLT clears plan. The Reserve Bank of India (RBI) on Thursday cleared the Rs 34,250-crore acquisition of Dewan Housing Finance Corporation (DHFL) by the Piramal group. The Ajay Piramal-led group had outbid US-based asset management firm Oaktree last month. Piramal plans to merge DHFL with its … electrical apprentice award rate