News From Press Sundaram Mutual writes off ₹52-cr worth investment made in DHFL

Sundaram Mutual writes off ₹52-cr worth investment made in DHFL

Goes back on side-pocketing the investment due to possible breach of SEBI norms

Business Line Aug 23, 2019

Sundaram Mutual Fund has withdrawn the proposal to side-pocket its ₹52-crore investment in the debt papers issued by distressed Dewan Housing Finance Corporation (DHFL) as the move does not meet SEBI norms.

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