Скачать или смотреть Exclusive | DHFL CoC meet: Lenders ask for revised bids by Oct 31

The Committee of Creditors (CoC) of Dewan Housing and Finance Limited (DHFL) met today to discuss the bids received. Banking sources tell ET Now that the bidders made presentations to the CoC and were asked to sweeten their offers. The bidders have been asked to submit revised bids by October 31. Lenders are hoping to recover at least 40% of their total exposure via negotiations, said a senior banking official.

DHFL had received four bids on October 17, the highest bid being US-based Oaktree Capital's bid for the whole book. The other bids are by Piramal Enterprises, Adani Properties and SC Lowy.

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