DHFL yet to take call on stake sale

Dewan Housing Finance Corp denied a media report which claimed that three private equity firms are in talks to buy 10 per cent stake in the company. The company clarified that though CMD Kapil Wadhawan, during an investors’ call on Feb 4, had said the company intended to bring in a strategic investor within 90 days, there has been no discussion or decision taken by the board in this regard. On Feb 4, Wadhawan said promoters of DHFL are looking to get a strategic partner on board the company, while adding that the new investor will not just bring in fresh capital but will also alleviate market concerns surrounding the company.