Deal Corner
July 01, 2010
Dewan Housing Finance Corporation Limited raised an approximate amount of INR 3,750 million

DEAL BRIEF

Dewan Housing Finance Corporation Limited ("DHFL") raised an approximate amount of INR 3,750 million by way of issuance of equity shares to certain qualified institutional buyers through the qualified institutions placement route ("QIP Issue"). DHFL is housing finance company ("HFC") and has been active in the housing finance sector in India since 1984. Motilal Oswal Investment Advisors Private Limited and JM Financial Consultants Private Limited acted as book running lead managers to the QIP Issue.

OUR ROLE

We, at Nishith Desai Associates, acted as the domestic legal advisors to the QIP Issue.

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Deal Corner

July 01, 2010

Dewan Housing Finance Corporation Limited raised an approximate amount of INR 3,750 million

DEAL BRIEF

Dewan Housing Finance Corporation Limited ("DHFL") raised an approximate amount of INR 3,750 million by way of issuance of equity shares to certain qualified institutional buyers through the qualified institutions placement route ("QIP Issue"). DHFL is housing finance company ("HFC") and has been active in the housing finance sector in India since 1984. Motilal Oswal Investment Advisors Private Limited and JM Financial Consultants Private Limited acted as book running lead managers to the QIP Issue.

OUR ROLE

We, at Nishith Desai Associates, acted as the domestic legal advisors to the QIP Issue.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.