DHFL Resolution: Board paves way for ownership change, debt to convert to equity

In a statement, the company said, “Conversion of the whole or part of the debt into equity shares or other securities of the company in accordance with the applicable law with the price of such conversion being in line with the applicable laws and which may result in a change in ownership of the company.”

from The Financial ExpressThe Financial Express https://ift.tt/2LmBGWD