While lenders recover nearly one-third of their claims, small investors end up gaining less than one-fourth of their investments
Shares of the beleaguered company were on a roller-coaster, directly under the nose of the market regulator
On the 14th page of the 86-page NCLT order, it says DHFL no longer is a deposit-taking NBFC but a non-deposit taking one
As of March 31, retail investors held a 42.19% stake in DHFL, while high net worth investors had an 8.15%
Asian stocks traded mixed on Monday morning trade, with multiple major markets in the region closed for holidays. Markets in Australia, mainland China
The move, aimed at avoiding "market complications", comes against the backdrop of NCLT approving Piramal Group's resolution plan for DHFL
On Tuesday, the Mumbai bench of the NCLT allowed Piramal Group to take over DHFL under the bankruptcy code for as low as Rs 37,500 crore against a cla
DHFL had gone bankrupt with more than Rs 90,000 crore in debt to various lenders, including banks, mutual funds and individual investors who kept fixe
The Mumbai-bench of the National Company Law Tribunal (NCLT) on Monday gave its conditional approval to Piramal Group's bid for DHFL
For the full year 2020-21, the non-banking finance company posted a net loss of Rs 15,051.17 crore, which widened from Rs 13,455.81 crore in 2019-20