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Dewan Housing Finance Plans to Raise as Much as $79 Million in Share Sale

Dewan Housing Finance Corp. plans to raise as much as 3.75 billion rupees ($79 million) selling shares to large investors, according to a term sheet sent to investors.

The company, based in Mumbai, will sell shares for at least 222.30 rupees apiece, according to the document.

To contact the reporter on this story: Pooja Thakur in Mumbai at pthakur@bloomberg.net

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