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DHFL's shares close nearly 10% higher after Kapil Wadhawan offers to repay lenders

Updated : October 20, 2020 04:23 PM IST

Wadhawan wrote to RBI-appointed administrator R Subramaniakumar that he would transfer the rights, title and interest in the firm's projects to himself to ensure "maximum value" to stakeholders.
He claimed that the total profit from 10 of DHFL's projects is pegged at an estimated Rs 43,897 crore.
DHFL's shares close nearly 10% higher after Kapil Wadhawan offers to repay lenders

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