Exchanges will Discontinue Trading in DHFL Shares From Monday

Leading exchanges of BSE & NSE will stop their trading activities in DHFL (Dewan Housing Finance Limited) shares from Monday. The motive of the decision is to avoid the Market complications as the National Company Law Tribunal Finalized the resolution plan of Piramal Group for the DHFL. The resolution plan has the provision of delisting the shares. As per the notice, the value was attributable to equity shares as per the estimated liquidation value of the company under the provisions