DHFL yet to decide on stake sale
Updated : February 18, 2019 01:53 PM IST
The stock has been under pressure since investigative media outlet Cobrapost had alleged last month that loans from Indian state banks were diverted by Dewan Housing to shell companies, including those linked to its controlling shareholders. Dewan has, however, denied lending to shell companies.
Dewan's promoters are looking to sell a 10 percent stake through various ways, including an open offer, the Economic Times reported.