The company said it will distribute Rs 208.56 crore at Rs 4.75 per unit to unit holders for the December quarter.
Under the new rule, the listed entity will have to obtain permission from all holders of non-convertible debt securities within 15 working days of receiving the notification of delisting.
The issue will close for subscription of July 28.
The tranche IV issue has a base issue size of Rs 100 crore with an option to retain oversubscription up to Rs 900 crore, aggregating up to Rs 1,000 crore.
The weighted average cost of funds would be at 9 percent in FY17 versus 9.56 percent reported in FY16, said Kapil Wadhawan, CMD, DHFL.
The committee of directors of the Future Group firm, in its meeting held "considered, approved and alloted" NCDs, the company informed BSE.
Kapil Wadhawan, CMD of DHFL tells CNBC-TV18 that the earnings momentum witnessed in Q1 would continue for the next couple of quarters.
Real estate sector has witnessed an investment of about USD 10 billion since 2015, the highest in last seven years, mostly in debt form that poses a high refinancing risk if housing sales remain slow, the Economic Survey said today.