DHFL has also attempted to find new credit lines worth about 1,200 to 1,500 cr Rs every month.
Shares of DHFL goes down by 3 % Today after analyzed trade reports indicate that the company and companies lenders are working on a resolution plan included with the relaxation of original loan terms.
In a filing to BSENSE -3.59 %, the NBFC said it has been in constant engagement with lenders to formulate and finalize the resolution plan and expects to submit the resolution plan for consideration by the lenders shortly.
On BSE Stock Fell by 2.99 % Hit a low of 53.5 Rs.
According To source, embattled home financier come up with lenders a number of offers, also include the request that banks convert a small area of ten years long term debt into fresh equity.
DHFL has also brought new credit lines worth about 1,200-1,500 cr Rs every month, and a freeze of 6 months on debt repayment.
In the past 9 months, DHFL has securitized home loan assets worth Rs 40,000 cr rs. Bondholders have 45,000 cr Rs of exposure to Mumbai based DHFL, while high-street lenders have loaned the home financier another 35,000 cr Rs.
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