Securitization deals by DHFL objected by mutual funds

Dewan Housing Finance Corp. Ltd (DHFL) debt negotiations resolution plan seems to have hit a roadblock. It was objection by mutual funds to securitization deals commenced by DHFLNSE -2.33 %. This was because of the company’s repayment troubles began. It was said by three people with knowledge of the matter.

It is a 7% mark to market loss taken by the mutual funds on their exposure to DHFL. They suspected at a recent meetin....