DHFL

Dewan Housing Finance Corporation Ltd has informed the Exchange that CRISIL has assigned a 'P1+' (Pronounced 'P one plus') rating for the Rs.200.00 crore Short Term Debt Programme of the Company (enhanced from Rs.100 crore rated earlier.)

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Committee of Directors at its meeting held on August 04, 2005 has approved the allotment of 250, Secured Redeemable Non-Convertible Debentures (NCDs) of Rs. 10 lakh each aggregating to Rs. 25 crore, issued on a private placement basis.

Dewan Housing Finance Corporation Ltd has submitted to the Exchange a copy of the Minutes of AGM held on July 25, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Board of Directors at its meeting held on July 25, 2005 has approved the allotment of 750 Secured Redeemable Non-Convertible Debentures (NCDs) of Rs. 10 lakh each aggregating to Rs. 75 crore, Issued on a private placement basis.

Dewan Housing Finance Corporation Ltd has informed the Exchange that at the AGM of the Company held on July 25, 2005, the members have approved the following :- 1) Declaration of dividend @ 20% on the enhanced equity share capital of the Company (i.e. Rs. 2/- per equity shares of Rs. 10/-) for the year ended March 31, 2005. 2) Re-appointment of Shri R. S. Hugar as Director of the company, liable to retire by rotation. 3) Re-appoinment of Shri Sarang Wadhawan as Director of the Company, liable to retire by rotation. 4) Appointment of M/s. B M Chaturvedi & Co. Chartered Accountants as Statutory

10) Reclassification of the Authorized Share Capital of the Company by cancelling the existing unissued 1,00,00,000 preference shares of Rs. 10/- each and by increasing the equity share capital from 6,50,00,000 equity shares of Rs.10/- each aggregating to Rs.6,50,00,000 to 7,50,00,000 equity shares of Rs. 10/- each aggregating Rs. 75,00,00,000 and consequential amendments to the Memorandum and Articles of Association of the Company.

Dewan Housing Finance Corporation Ltd has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has upgraded the existing rating from 'CARE AA' (Double A) to 'CARE AA+' (Double A plus) for the Company's Fixed Deposit Programme of Rs.200 crore.

Dewan Housing Finance Corporation Ltd has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has assigned a CARE AA+ (Double A plus) rating to the proposed issue of Secured Non-Convertible Debentures (NCD) of Rs.100 crore having a tenure of 3 to 7 years.

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Board of Directors at its meeting held on June 17, 2005 has, inter-alia approved the following proposals: 1) To offer, issue and allot by way of private or preferential offerings, and/or international offerings foreign currency convertible bonds (FCCBS), fully/partly convertible debentures and/or equity shares, and/or depository receipts and/or any other financial instruments and/or any other securities with or without warrants of an aggregate value upto USD 50 million or its equivalent in any other foreign currency in on

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Company has announced Book Closure from July 19, 2005 to July 25, 2005 (both days inclusive) for payment of Dividend on Equity Shares for the Financial Year 2004-2005.

Dewan Housing Finance Corporation Ltd has informed the Exchange that there have been changes in the share holding in the company due to transactions in the stock markets by the Institutional Investors on the basis of details received from the depositories. The details of the same are as follows:1)Tata Mutual Fund, Mutual Fund, Shareholding as on May 13,2005-NIL shares, Shareholding as on May 20,2005-5,81,409 shares(1.16%);2)F and C Emerging Markets Limited, FII, Shareholding as on May 13,2005-81200 shares(0.16%), Shareholding as on May 20,2005-2,00,000 shares(0.40%);3)Administrator of the Spec

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Board of Directors at its meeting held on May 13, 2005 has inter-alia approved the following: 1) Draft Umbrella Offer Document for the proposed issue of additional Debentures of an aggregate value upto Rs. 500 crore. 2) Re-issue of 9,300 equity shares of Rs. 10/- each, which were forfeited earlier. 3) Investment in a new venture capital company upto an amount of Rs. 2 crore. 4) Re-appointment of Shri Kapil Wadhawan as the Managing Director of the Company for a further period of 5 years with effect from October 04, 2005.

Dewan Housing Finance Corporation Ltd has informed the Exchange that the BODs at their meeting held on May 13,2005 have recommended a dividend @ 20% on the expanded Equity Share Capital for full year.

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Corporate office of the Company has been shifted to new premises at the following address: Dewan Housing Finance Corporation Limited,6th Floor, "Dheeraj Arma", Anant Kanekar Marg, (Station Road), Bandra (East), Mumbai 400051. Tel. No. 022-26583333 ,Fax No. 022-26476671.

Dewan Housing Finance Corporation Ltd has informed the Exchange that M/s System Support Services, 209, Shivai Industrial Estate, 89, Andheri Kurla Road, Sakinaka, Mumbai 400072 have been appointed as Registrar & Transfer Agent in respect of Debt Instruments/Commercial Papers, in place of IIT Corporate Services Ltd.

Dewan Housing Finance Corporation Ltd has informed the Exchange that Shri Sarang Wadhawan has resigned as Executive Director of the Company due to his other pre-occupations with effect from the close of business hours on March 31, 2005. Further the company has informed that Shri Sarang Wadhawan shall continue to be a Non-Executive Director of the Company and he will also continue to provide all the services and meet obligations necessary to further the interest and growth of the Company.

Dewan Housing Finance Corporation Ltd has informed the Exchange that there have been significant changes in the shareholding of the Company due to transactions in the stock markets by the Indian as well as Foreign Institutional Investors during the last few weeks, as per the details received from the Depositories. The details of shareholding of the large Institutional Investors (holding above 1%) in the share capital of the Company are as follows: Sr.no. Name of the Institutions Category As on February 10,2005 As on March 04,2005

Dewan Housing Finance Corporation Ltd has informed the Exchange that regarding the disclosures received from Directors of the company. The details are as follows: 1) Shri Rakesh Kumar Wadhawan - Chairman has acquired 14,56,784 shares and his shareholding after the acquisition is 50,98,744 shares amounting to 10.17%. The date of acquisition is February 12,2005 and the mode of acquisition is Rights Issue. 2) Shri Kapil Wadhawan, Managing Director has acquired 16,94,097 shares and his shareholding after the acquisition is 5929339 shares amounting to 11.83%. The date of acquisition is February 12,

Dewan Housing Finance Corporation Ltd has informed the Exchange that Shri Ram K Gupta, Nominee Director-UTI has resigned from the Board of the Company w.e.f. January 21, 2005. The same was noted by the BODs at their meeting held on January 27, 2005.

Dewan Housing Finance Corporation Ltd has informed the Exchange that the rates of interest on Individual Housing Loan have been increased by 50 to 75 basis points from the existing rates, w.e.f. December 01, 2004, in view of the prevailing conditions in the financial market.

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Company has announced December 03, 2004 as the Record Date for the purpose of issue of equity shares on Rights basis to the equity shareholders of the Company in the ratio of 4 equity shares for every 10 equity shares held.

Dewan Housing Finance Corporation Ltd has informed the Exchange regarding the disclosures received from Directors of the company. The details are as follows: 1) Mr. Rakesh Kumar Wadhawan - Chairman has sold 11,20,000 shares and his shareholding after the sale is 36,41,960 shares amounting to 10.17%. The mode of sale is inter-se transfer between relatives. 2) Mr. Kapil Wadhawan, Managing Director has sold 6,00,000 shares and his shareholding after the sale is 42,35,242 shares amounting to 11.83%. The mode of sale is inter-se transfer between relatives. 3) Mr. Sarang Wadhawan, Executive Director