DHFL Lenders Set July 10 As Deadline For Resolution Plan
  • WebDesk BTVI
  • Jul 03 2019

According to sources, lenders consortium of DHFL have set July 10 deadline for submission of resolution plan and will sign ICA for DHFL restructuring on July 5. The board will be reconstituted, steering committee & new key managers to lead operations. SBI caps & Cyril Amarchand Mangaldas are to be the transaction & legal advisory for DHFL resolution. DHFL promoter has indicated investors can bring in Rs 7,000-10,000 Cr capital. BTVI's Anku Goyal gives more details on this story.