Mumbai, May 28 (IANS) Dewan Housing Finance Corporation Ltd (DHFL) stocks fell nearly 7 per cent on Tuesday after reports that its promoter-directors have received a look-out notice with regards to financial fraud.
However the company denied it, saying, "its promoter-directors have not received any communication from the authorities regarding issuance of any look-out notice".
The scrips on the BSE closed 3.57 per cent or Rs 4.25 lower at Rs 114.80.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz