Kapil Wadhwan (Chairman, DHFL) offers a detailed clarification of the allegations made by Cobrapost


Ever since the Cobrapost allegation, DHFL stock had fallen close to 50% and made a small recovery

The large chunk of the action was in the bond markets were a DHFL Zero Coupon bond was yielding 45% plus Regular NCDs at point were yielding 16% to 26%. In fact bond markets tell a far better story of how troubled a company is than the equity markets.

Anyway, Kapil Wadhawan, CMD, DHFL gave a detailed clarification of all the allegations made in the Cobrapost expose. Worth a watch.