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Revanth Nifty Radar

*Whither oversight?* DINESH UNNIKRISHNAN *Eight years before the PMC Bank scam was unearthed, a whistle-blower warned RBI about a gigantic fraud. What did the RBI do? It asked the then CEO to investigate. That man is in the dock facing charges of fraud*. In September 2019, RBI imposed restrictions on the bank after discovering financial irregularities, including under-reporting of bad loans. Few weeks ago, the Reserve Bank of India (RBI) permitted a proposal by financial services firm Centrum Financial Services to take over the troubled Punjab and Maharashtra Co-operative (PMC) Bank. Centrum, along with payment service company BharatPe, is poised to form a small finance bank to run the co-operative bank under an RBI-supervised amalgamation scheme that will be announced soon. The RBI action ends nearly two years of uncertainty for PMC Bank depositors who have been anxiously waiting to get their money back. Several of them survived on charity and loans. A quick recap is in order because it is a two-year-old case. In September 2019, RBI imposed restrictions on the bank after discovering financial irregularities, including under-reporting of bad loans. Around 9 lakh depositors were bound by curbs on withdrawing money. PMC’s dire finances intensified worries about the health of India's financial institutions, coming as it did after the IL&FS collapse. The case is also mired in a litany of litigations. After the torrent of bad news, the RBI-orchestrated resolution finally spells good news for depositors. Yet, it begs the question: how did things come to such a pass? Could the PMC Bank crisis have been averted? New evidence shows that there were enough alarm bells that could have prevented, if not alleviated, the troubles that PMC Bank sank into. RBI gets a letter As early as 2011—eight years before the PMC Bank scam became public—the RBI was warned about the shenanigans at the bank by a whistleblower. On January 28, 2011, the whistleblower—an employee of PMC Bank— shot off a letter to A Udgata, chief general manager-in-charge of Reserve Bank of India (RBI)’s Urban Banks Department. The letter raised a raft of alarming violations of rules in the Mumbai-based co-operative bank. It especially highlighted the bank’s dealings with two entities named Housing Development and Infrastructure Ltd (HDIL) and Dewan Housing Finance Corporation (DHFL). DHFL was once one of India’s top non-banking finance companies, or so-called shadow lenders, but would later collapse under the weight of debt. Realty company HDIL would become bankrupt. The letter underscored the nexus between PMC Bank brass and the two companies, which were controlled by the same family—the Wadhawans. The Wadhawans are now facing a litany of investigations into various financial irregularities. PMC Bank manipulated its net time and demand liabilities (deposits) using HDIL, according to the letter. “In return, all black money of HDIL and group companies which are received in cash are deposited in the bank accounts of PMC Bank and these cash deposits, above the specified limits, are not reported to the RBI or sometimes window dressed so that RBI cannot make out that black money is being made white here,” said the letter. In the letter, the whistle-blower also warned about gross underreporting of non-performing assets (NPAs), evergreening of loans, fudging of loan accounts and entry of fake deposits. Several warnings As against the actual NPAs of 9 percent, the bank showed NPAs of 1 per cent. Many large borrowers were related to the directors of the bank and bank executives were asked to manipulate the accounts to facilitate loan sanction by creating fresh proprietary firms and issuing new loans to these companies to close earlier NPAs, the letter said. Fake deposits were shown to inflate the loan book, the whistleblower complained. “About Rs 250 crores of deposits are updated in the system as fake deposits, just to portray themselves as big banks and receive awards …,” the letter said. The whistleblower asked RBI to investigate these violations. What did the RBI do? The central bank acknowledged receipt of the letter. It then sent a letter on March 7, 2011, to the chief executive officer (CEO) of PMC Bank asking him to investigate the issue and give a response to the regulator. The then CEO was Joy Thomas, who was arrested by The Economic Offences Wing (EOW) of Mumbai Police on October 4, 2019. Investigations revealed that Thomas led a double life converting to Islam with the name, Junaid Khan to marry his personal assistant and gifted her nine flats in Pune. *The whistleblower essentially alerted about the abject collapse of corporate governance and rampant fraudulent practices. Those wrongdoings would grow into a full-blown scam because the person assigned to investigate was allegedly one of the protagonists of the scam.Heard about letting the fox guard the henhouse* The EOW also found the bank officials replaced 44 loan accounts of HDIL with 21,049 fictitious accounts to camouflage huge loan defaults by the real estate group. This action would play a vital role in landing PMC Bank in the current crisis. Another shot at checks and balances The RBI had another crack at halting PMC’s descent into financial ruin. *In 2018-2019, statutory auditors handed PMC Bank an audit classification ‘A’ rating. The ‘A’ audit classification is the highest rating for such exercises, signalling things are kosher at a financial institution*. _This rating was given at a time when a massive fraud was gnawing at the bank and its balance sheet was fudged with large scale underreporting of NPAs_ The ‘A’ audit classification given by the statutory auditors finds mention in the bank’s 2018-19 annual report. The role of the auditors, Lakdawala and Co, has since come up for question in the light of the massive scam. [ There is not a single instance of misdemeanor ,not a single fraud has been traced by the statutory auditors anywhere pan India since the introduction of the scheme] *The RBI inspects a co-operative bank once in 18 months based on audit reports. PMC Bank’s auditors not only failed to unearth gross financial irregularities in the bank for years, but continued to give top audit classification to the bank.If the auditors had done their job, depositors could have been warned of the impending crisis*. A curious appointment Soon after the whistleblower’s letter reached the RBI, a former senior RBI official joined PMC bank as general manager in charge of HR and training. LN Kamble, who served in the RBI’s Department of Urban Cooperative Bank supervision, joined PMC Bank as general manager two months after he retired in March 2012. Kamble held on to the post between 2012 and 2019—when the scam festered— and resigned in October 2019. That was one month after the RBI superseded the PMC Board. Kamble also happened to be the chairman of the RBI Officers’ Credit Society that deposited Rs 100 crore in PMC Bank. RBI Officers’ Credit Society, the Reserve Bank Officers' Cooperative Credit Society Ltd (RBOCCS) and Reserve Bank Staff & Officers Co. Op. Credit Society Ltd together deposited nearly Rs 190 crore in PMC Bank. According to Section 37 A of the RBI staff regulations, no officer of the central bank can take up private employment after exit either by resignation or retirement. To do so, an officer requires the permission of the RBI governor. However Kamble asserted that he received all necessary permission from the RBI to join PMC Bank and his role in the bank was centred on HR and training. “I was among the two general managers in PMC Bank. None of us had access to the credit department. I was in charge of HR and training in the bank,” Kamble said. Kamble said the PMC Bank scam was due to the creation of fake FDs after the credit exposure limit to HDIL was hit, adding that under rules for loan against FDs, there is no limit. “Nobody was aware of this scam.” #HDIL #DHFL

Srksagar

Why do you need diversification? ----------- Presenting 6 companies that used to be industry leaders at some point in time. #PCJEWELLER #JPASSOCIAT #YESBANK #IDEA #DHFL #GardenSilks They were so-called "Quality" and "too big to fail" companies. Fundamentals and Price is visible to all now. As a retail investor, you can never fully understand the intentions and under the carpet issues of promoters and managers. This is why you need to diversify. Takeaways:: 1) A concentrated portfolio is a double-edged sword. If you are not experienced enough, it can cut you deep. 2) Today, you treat some stocks as JUNK may turn out to be multibaggers, and it all depends on the management intentions. ---- #InvestingUniversity

KrisDom Investor

BSE, NSE suspend trading in DHFL shares https://www.moneycontrol.com/news/business/markets/nse-suspends-trading-of-dhfl-shares-7026551.html #InvestmentIdeas #DHFL

Shyamkumar S

#DHFL stock to stop trading from Monday. Good luck to whoever bought without thinking. Use Nudge & be sensible.

Being Trader

Again, reiterating ... DHFL ~ Takeover by Piramals: ============================ Banks / Creditors Claims: Rs. 100,064 Crores. Piramals Bid: Rs. 37,250 Crores Bank Write~offs: Rs. 50,000 Crores Other creditors / FD holders lose Rs. 13000 Crores. Fixed Deposit holders to receive NOTHING. Equity Shareholders to be written~off. Stock to be delisted. ============================= #DHFL #InvestmentIdeas

KrisDom Investor

Sridhar Balakrishnan

Will Uttam Galva Steels repeat the same story of DHFL? https://www.vccircle.com/arcelormittal-snaps-up-distressed-uttam-galva-steels-under-bankruptcy-process/ Yes, mostly retailers get cheated every time! Be cautious if you have shares of Uttam Galva Steels!!! ⚠️ #UTTAMSTL #DHFL #InvestingUniversity

KrisDom Investor

One of the known guys going to lose his hard-earned 20 lakhs+ in DHFL. Which was more than 60 lakhs + for him as he didn't sell a single stock stating DHFL will be 1000 rs stock when it was in bull run. ============ Lesson learnt: ============ Diversification is the key. Don't put all eggs in the same basket. Keep booking profits at some time. (And maybe then re-enter the same stock) #DHFL #InvestmentIdeas

KrisDom Investor

#DHFL _*DHFL* ~ Takeover by *Piramals:*_ _Banks / Creditors Claims: Rs. 100,064 Crores._ _Piramals Bid: Rs. 37,250 Crores_ _Bank Write~offs: Rs. 50,000 Crores_ _Other creditors / FD holders lose Rs. 13000 Crores._ _Fixed Deposit holders to receive NOTHING._ _Equity Shareholders to be written~off._ _Stock to be delisted._

Sridhar Balakrishnan

DHFL Takeover by Piramals: ===================================== Banks/Creditors Claims: Rs. 100,064 Crores. Piramals Bid: 37,250 Crores Bank Write-offs: 50,000 Crores Other creditors/FD holders lose 13000 crores. Fixed Deposit holders to receive NOTHING. Equity shareholders to be written off. Stock to be delisted. #DHFL #InvestmentIdeas

KrisDom Investor

Equity shares of #DHFL are likely to be delisted as part of the acquisition of the company by Piramal Enterprises as per NCLT's recent order. Investors should Avoid any kind of Trading/Investing in this stock as it posts significant risk of capital loss.

Manush Vadher

Dewan Housing Finance Corp Ltd (DHFL) share price hit 10 per cent upper circuit at Rs 22.85 apiece intraday on BSE, even as the debt-ridden company in an exchange filing said that its shares would be delisted. Its share price hit 10 per cent upper circuit at Rs 22.85 apiece intraday on BSE, even as the debt-ridden company in an exchange filing said that its shares would be delisted. As part of the Resolution Plan, the equity shares of the company are proposed to be delisted. The shares, when delisted, would most likely become worthless. The resolution plan had already received approvals from the RBI in February and the Competition Commission of India (CCI) in April 2021. ------------------------------------------------ In conclusion, If you have DHFL shares, be careful. It is going to be delisted, and shareholders will get nothing during delisting. #DHFL #InvestmentIdeas

KrisDom Investor

BankNifty Expert

https://twitter.com/deepakshenoy/status/1401817124587274245?s=09 #DHFL

Dhruv

#DHFL *DHFL* The Central Bureau of Investigation (CBI) has registered another case promoters of DHFL (Dewan Housing Finance Ltd) for allegedly creating 2.60 lakh fake home loan accounts under the Pradhan Mantri Aawas Yojana. The promoters fraudulently availed benefits under PMAY to the tune of Rs 14,046 crores. The apex investigation agency found that Rs 11,755.79 crores were diverted to accounts created in the name of shell companies out of the Rs 14,046 crores.

Sridhar Balakrishnan

https://economictimes.indiatimes.com/markets/expert-view/why-icici-bank-is-relatively-outperforming-kotak-hdfc-bank/articleshow/80927041.cms #DHFL #HDFCBANK #ICICIBANK #MOTHERSUMI

NewsBot

https://economictimes.indiatimes.com/news/politics-and-nation/yes-bank-ed-raids-mumbai-builder-omkar-realtors-in-money-laundering-case/articleshow/80446425.cms #DHFL #YESBANK

NewsBot

https://economictimes.indiatimes.com/markets/stocks/news/dhfl-voting-likely-to-conclude-today/articleshow/80277605.cms #DHFL

NewsBot

https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-sail-infosys-dlf-wipro-adani-green-indusind-bank/articleshow/80261139.cms #DHFL #INDIANB #INDUSINDBK #SAIL #WIPRO

NewsBot

https://economictimes.indiatimes.com/news/politics-and-nation/dhfl-promoters-kapil-wadhawan-dheeraj-wadhawan-granted-bail-in-cheating-case/articleshow/78624718.cms #DHFL

NewsBot

https://economictimes.indiatimes.com/news/politics-and-nation/sc-stays-bombay-hc-order-granting-bail-to-wadhawan-brothers-in-yes-bank-case/articleshow/77917328.cms #DHFL #YESBANK

NewsBot

The stock market can be highly rewarding, but it can be very brutal as well. Here is an article, on the important lessons that we have learnt from past failures of companies. https://monergise.com/important-lessons-from-past-failures-of-companies/ #InvestingUniversity #InvestmentIdeas #NIFTY50 #DHFL #YESBANK

Monergise

M Price Plotting

Piyush Rawtani

Make entry above 50 only #DHFL

Aswathiguna

KONAR TRADE TALK ®

DHFL कंपनी ने 1,571 करोड़ रुपये की देनदारी पर डिफॉल्ट किया है। कंपनी बॉन्ड और कमर्शियल पेपर का भुगतान नहीं कर पाई है। #DHFL

Hindi Stock Advice

You are requested to note that the following security shall be excluded from Equity Derivatives segment.   Sr NoSymbolSecurity Name1DHFLDewan Housing Finance Corporation Limited   In view of the above

Tta

Tomorrow watch DHFL Gap Down and Down #DHFL

Future Trade Zone

Amaranalyst

DHFL tanks 15% after rating downgrade Experts advise selling the stock as well as staying away from such companies unless some big company buys it #DHFL

Hindi Stock Advice

DHFL is the sinking ship.. #DHFL

Hindi Stock Advice

Bloomberg Sources: Banks Will Not Buy Any Further Loans From DHFL India. Lenders Do Not Find Good Pool Available With DHFL. PSU Banks Likely To Take Action Against DHFL Account Soon (Negative for DHFL

Avinash Goklani

Buy dhfl @121.. Tgt 129-131..SL 117 #DHFL
R

Raja Singh Chauhan

Follow us for daily 3 to 4 intraday calls . See our history and track record 🙌 #DHFL

Genuine Trader

Dhfl target pls #DHFL
M

Msr

DHFL acquisition can happen #DHFL
S

Stock Holmes

TradeAdda

NewsBot

Looks like dhfl will have good days ahead We may hope to see it above 200 in a month time if all goes good #DHFL

Neeraj Puri Goswami

Revanth Nifty Radar-display-image
Reputation: 14,232  •  Jun 29 3:27 AM
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URFinMaster-display-image
Reputation: 10,521  •  Jun 23 12:31 PM
CBI books DHFL in 'biggest' banking fraud of Rs 34,615 crore; 17 banks hit
The action came on a complaint from the Union Bank of India (UBI), leader of 17-member lender consortium which had extended credit facilities to the tune of Rs 42,871 crore between 2010 and 2018.
The New Indian Express
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Spoiledbrahmin-display-image
Reputation: 1,198  •  Jan 28 2:08 AM

#NCLAT junks pleas by #DHFL's FD holders against #Piramal's resolution plan. DHFL's FD holders express intent to contest the NCLAT order in #SupremeCourt.
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S
Reputation: 0  •  Oct 20, 2021 9:47 AM
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Suripeddi Koundinya-display-image
Reputation: 9,420  •  Sep 29, 2021 6:38 AM

Piramal Group acquires DHFL at cost of ₹34,250 crore.
Piramal Group on Wednesday announced that it has completed the acquisition of housing finance firm Dewan Housing Finance Corporation (DHFL) and a total consideration of ₹34,250 crore has been paid for the same. As a part of th......read more
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Srksagar-display-image
Reputation: 66,026  •  Sep 19, 2021 3:46 AM

*Whither oversight?*
DINESH UNNIKRISHNAN
*Eight years before the PMC Bank scam was unearthed, a whistle-blower warned RBI about a gigantic fraud. What did the RBI do? It asked the then CEO to investigate. That man is in the dock facing charges of fraud*.
In September 2019, RBI i......read more
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KrisDom Investor-display-image
Reputation: 30,513  •  Aug 5, 2021 1:47 AM

Why do you need diversification?
-----------
Presenting 6 companies that used to be industry leaders at some point in time.
#GardenSilks

They were so-called "Quality" and "too big to fail" companies.
Fundamentals and Price is vis......read more
14 Likes
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Spoiledbrahmin-display-image
Reputation: 1,198  •  Jul 7, 2021 2:18 AM

63 Moons: Seeks halt on Piramal's plan to takeover #DHFL
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Shashank Kulshrestha-display-image
Reputation: 1,397  •  Jun 14, 2021 4:53 AM

As a lot of people are worried about suspension of #DHFL. Also, a lot of people are keen to know what does suspension mean and what happens to their holdings in case of suspension from exchange.
Here is some information you must know:
The suspension of a comp......read more
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The Chartseeker-display-image
Reputation: 4,254  •  Jun 13, 2021 7:23 AM

#DHFL : Trading in equity shares of Dewan Housing Finance Corporation Limited (DHFL) is suspended with effect from June 14, 2021.
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Shashank Kulshrestha-display-image
Reputation: 1,397  •  Jun 13, 2021 8:38 AM

People who own #DHFL shares are panicking about delisting of the company. So, here is a quick piece of information:
When a company is delisted, its stock no longer trades on one of the major stock exchanges. In a direct sense, nothing happens to a shareholder when delisting occur......read more
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Shyamkumar S-display-image
Reputation: 17,795  •  Jun 12, 2021 4:57 AM
BSE, NSE Suspend Trading In DHFL Shares
The ban will come into effect from June 14. The stock continued to be traded on both the exchanges despite the company formally informing the exchanges that the worth of equity shares is zero.
Moneycontrol
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Equity And Option Trader-display-image
Reputation: 35,706  •  Jun 12, 2021 3:14 AM
NSE Suspends Trading In DHFL Shares
The ban will come into effect from June 14. The stock continued to be traded on both the exchanges despite the company formally informing the exchanges that the worth of equity shares is zero.
Moneycontrol
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Being Trader-display-image
Reputation: 19,387  •  Jun 12, 2021 9:35 AM
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Being Trader-display-image
Reputation: 19,387  •  Jun 12, 2021 9:28 AM

#DHFL stock to stop trading from Monday. Good luck to whoever bought without thinking. Use Nudge & be sensible.
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KrisDom Investor-display-image
Reputation: 30,513  •  Jun 12, 2021 9:25 AM

Again, reiterating ...

DHFL ~ Takeover by Piramals:
============================
Banks / Creditors Claims: Rs. 100,064 Crores.

Piramals Bid: Rs. 37,250 Crores

Bank Write~offs: Rs. 50,000 Crores

Other creditors / FD holders lose Rs. 13000 Crores.

Fixed Deposit holders to rece......read more
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Sridhar Balakrishnan-display-image
Reputation: 195,570  •  Jun 12, 2021 8:41 AM

DHFL - 3461512
HOPE SENSE PREVAILED ON MANY NOT-TO-BUY
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KrisDom Investor-display-image
Reputation: 30,513  •  Jun 12, 2021 4:56 AM
ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel
ArcelorMittal, one of the world’s largest steelmakers, resolution plan has received approval from the creditors of Uttam
VCCircle
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KrisDom Investor-display-image
Reputation: 30,513  •  Jun 11, 2021 2:42 AM

One of the known guys going to lose his hard-earned 20 lakhs+ in DHFL.
Which was more than 60 lakhs + for him as he didn't sell a single stock stating DHFL will be 1000 rs stock when it was in bull run.
============
Lesson learnt:
============
Diversification is the key.
Don't pu......read more
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Sridhar Balakrishnan-display-image
Reputation: 195,570  •  Jun 11, 2021 1:26 AM

_*DHFL* ~ Takeover by *Piramals:*_
_Banks / Creditors Claims: Rs. 100,064 Crores._
_Piramals Bid: Rs. 37,250 Crores_
_Bank Write~offs: Rs. 50,000 Crores_
_Other creditors / FD holders lose Rs. 13000 Crores._
_Fixed Deposit holders to receive NOTHING._
_Equity Shareholders ......read more
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KrisDom Investor-display-image
Reputation: 30,513  •  Jun 11, 2021 12:47 PM

DHFL Takeover by Piramals:
=====================================
Banks/Creditors Claims: Rs. 100,064 Crores.
Piramals Bid: 37,250 Crores
Bank Write-offs: 50,000 Crores
Other creditors/FD holders lose 13000 crores.
Fixed Deposit holders to receive NOTHING.
Equity shareholders to b......read more
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Shivansh-display-image
Reputation: 5,988  •  Jun 11, 2021 11:41 AM

#DHFL No Value Attributable to the equity Shares as per the Liquidation value of the Company Estimated. So Nothing as in History in 90-95% nothing will get in hands of investors.
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URFinMaster-display-image
Reputation: 10,521  •  Jun 10, 2021 1:33 AM
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TechMentalAK-display-image
Reputation: 12,302  •  Jun 9, 2021 10:38 AM
'Zero' worth DHFL shares up 30% in a week! Investors shrug off warnings
DHFL shares rose 10 per cent to get locked at Rs 22.85, the upper circuit limit on Tuesday. The stock has gained over 50 per cent in less than a month.
The Economic Times
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URFinMaster-display-image
Reputation: 10,521  •  Jun 9, 2021 7:41 AM

DHFL - 3418873

Investor traits

❌Not Understanding Risk
❌Falling in Love With a Company
❌Letting Your Emotions Rule
❌Following TV analyst and Forums for Tips.

#tradingpsychology
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Manush Vadher-display-image
Reputation: 15,554  •  Jun 9, 2021 5:20 AM

Equity shares of #DHFL are likely to be delisted as part of the acquisition of the company by Piramal Enterprises as per NCLT's recent order. Investors should Avoid any kind of Trading/Investing in this stock as it posts significant risk of capital loss.
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vijay jaria-display-image
Reputation: 29,316  •  Jun 9, 2021 3:53 AM
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KrisDom Investor-display-image
Reputation: 30,513  •  Jun 8, 2021 1:39 AM

Dewan Housing Finance Corp Ltd (DHFL) share price hit 10 per cent upper circuit at Rs 22.85 apiece intraday on BSE, even as the debt-ridden company in an exchange filing said that its shares would be delisted. Its share price hit 10 per cent upper circuit at Rs 22.85 apiece intra......read more
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Money Mug-display-image
Reputation: 1,945  •  Jun 8, 2021 10:50 AM
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URFinMaster-display-image
Reputation: 10,521  •  Jun 8, 2021 7:01 AM

DHFL - 3398492
#DHFL Risk 10 : Reward 10X?
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BankNifty Expert-display-image
Reputation: 44,352  •  Jun 7, 2021 11:16 AM

DHFL - 3385651
The National Company Law Tribunal (NCLT) has approved the overall resolution plan of Piramal Group for Dewan Housing Finance Ltd (DHFL). The NCLT pronounced the order on Monday on the resolution plan submitted by Piramal Capital & Housing for the stressed DHFL.
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CS Advisory-display-image
Reputation: 4,012  •  Jan 17, 2021 11:43 AM

Once one of India's top "shadow" lenders, DHFL accumulated total debts of almost 1 trillion rupees before defaulting on payments to its creditors.
Three entities - Adani Group, Piramal Group and U.S.-based asset management company Oaktree Capital Management - had been invited to ......read more
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Dcj196-display-image
Reputation: 8,595  •  Jan 14, 2021 6:18 AM
Dcj196 in DHFL
#NIFTY50#PEL Piramal.. recomended@1409..few da...

#NIFTY50#PEL ....today is final voting day for DHFL voting....the way Piramal moving look ....Piramal is winning ....
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Dcj196-display-image
Reputation: 8,595  •  Jan 8, 2021 10:55 AM

#NIFTY50#PEL
Piramal.. recomended@1409..few days back
Reasons..DHFL strong contender.and glass division sale
Update on progress of bid
Piramal ..bid for DHFL...voting going on..let's see who have advantages......
1.DHFL administrator has scored Piramal bid 9 points higher than ......read more
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CS Advisory-display-image
Reputation: 4,012  •  Dec 21, 2020 12:25 PM

The former promoter of crisis-hit Dewan Housing Finance Corporation Limited (DHFL) Kapil Wadhawan has urged the company's administrator to consider his proposal for repayment of 100 percent principal to all the creditors within 7-8 years instead of pe......read more
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Finvest Capitals-display-image
Reputation: 10,924  •  Dec 17, 2020 1:31 AM
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Garey | Options Expert-display-image
Reputation: 272  •  Dec 3, 2020 5:54 AM

UNIONBANK - 1720104

According to sources, Union Bank has moved to NCLT to initiate personal insolvency proceedings against promoters Kapil & Dheeraj Wadhawan

Positive for Bank and negative for DHFL
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The Inside Analytics-display-image
Reputation: 360  •  Nov 17, 2020 3:54 AM
The Inside Analytics in DHFL
New trade: Buy DHFL, CMP@15.3, Enter@15.35 Targ...
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The Inside Analytics-display-image
Reputation: 360  •  Nov 15, 2020 12:28 PM
The Inside Analytics in DHFL
New trade: Buy DHFL, CMP@15.3, Enter@15.35 Targ...
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TradeAdda-display-image
Reputation: 53,085  •  Nov 10, 2020 6:06 AM
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The Inside Analytics-display-image
Reputation: 360  •  Oct 30, 2020 10:23 AM
The Inside Analytics in DHFL
Trade entered: Buy DHFL @14.9 Target@99 SL@8 En...
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The Inside Analytics-display-image
Reputation: 360  •  Oct 30, 2020 10:23 AM
The Inside Analytics in DHFL
New trade: Buy DHFL, CMP@15.3, Enter@15.35 Targ...
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# ENRICHANSRAJ - PANDEY-display-image
Reputation: 17,633  •  Apr 26, 2020 3:05 AM
CBI takes custody of DHFL promoters Kapil, Dheeraj Wadhawan
​The duo, accused of financial irregularities under the Prevention of Money Laundering Act and out on bail since February 21, were held earlier this month while on their way in a motorcade to Mahabaleshwar from the metropolis in violation of lockdown norms.
The Economic Times
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Sonu Ramesh-display-image
Reputation: 16  •  Feb 17, 2020 1:03 AM
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HarmonicsTraders-display-image
Reputation: 2,962  •  Feb 5, 2020 10:00 AM

Reversal day for DHFL is Feb 11 based on Gann Maths method
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HarmonicsTraders-display-image
Reputation: 2,962  •  Jan 17, 2020 8:30 AM

Reversal day for DHFL is Jan 27 based on Gann Astro Method
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The Inside Analytics-display-image
Reputation: 360  •  Jan 2, 2020 2:04 AM

DHFL targeted 85 Time frame I hope 2020 december
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Learn to invest IN-display-image
Reputation: 2,859  •  Dec 15, 2019 12:14 PM
Owners of bogus brokerage involved in Rs 4,122 cr DHFL case held in UP
With these two arrests, the number of accuses so far been arrested by the EOW has risen to 14, including three serving or suspended UPPCL officials
mybs
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