Dewan Housing Finance Corporation Limited Approves Allotment of 10,000 Unsecured Redeemable Rated Listed Non-Convertible Debentures

Piramal Capital & Housing Finance Ltd, formerly Dewan Housing Finance Corporation Limited, is an India-based housing finance company. The Company is engaged in various financial services businesses. It provides both wholesale and retail funding opportunities across sectors. It provides housing finance and other financing solutions across the capital stack ranging from early stage private equity, structured debt, senior secured debt, construction finance and flexi lease rental discounting. It provides hospitality financing solutions to hotels which will be operated by branded players in established and emerging markets. Its wholesale business in the non-real estate sector includes separate verticals, such as Corporate Finance Group (CFG) and Emerging Corporate Lending (ECL). CFG provides funding solutions to companies across sectors such as infrastructure, renewable energy, roads, industrials and auto components. ECL focuses on lending towards Small and Medium Enterprises (SMEs).