InvestorQ : What is the future of DHFL as I have invested in their NCD's?
Dia Deshpande made post

What is the future of DHFL as I have invested in their NCD's?

Answer
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Rutuja Nigam answered.
4 weeks ago


The company Dewan Housing is in the midst of a RBI sponsored NCLT resolution so only when all the assets are sold you will get an idea how much of the NCDs you can recover. But the markets are expecting a 60-70% haircut on all debt, starting with bank debt.

For non-bank fund raisings, the haircut would be higher and it needs to be seen how much haircut other bond holders may have to take. However, I suggest don’t be too positive about recovering on the stock.