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Dewan Housing Finance Plans to Raise Up to 3.75 Billion Rupees

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.

Motilal Oswal Investment Advisors Pvt. and JM Financial

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