DHFL board to meet on July 10 to approve resolution plan
  • WebDesk BTVI
  • Jul 04 2019

DHFL Board is set to meet on July 10 to discuss and approve resolution plan. The board is likely to pass resolution to convert debt to equity, hike authorised share capital. The SBI-led bank consortium aims to complete entire resolution of DHFL in 6 months as the deadline is set at December 31, 2019. Capital restructuring and implementation of resolution plan is to be over by September 25, sources say.