DLF promoters conclude Rs 9,000-cr deal with GIC
The promoters will infuse net proceeds into DLF, which in turn will use the amount to reduce its debt significantly from the current Rs 27,000 crore.
Dec 27, 2017, 11:56 AM ISTDLF plans to raise Rs 11,250 cr from promoters
The company also plans to offer and issue up to 17.30 crore equity shares of Rs 2 each to eligible investors.
Dec 02, 2017, 14:22 PM ISTDLF gets shareholder nod for promoters' Rs 12,000 crore stake sale
The deal is expected to get completed by November after all regulatory approvals, including those of the CCI.
Sep 30, 2017, 14:11 PM IST'Promoter stake sale in DLF arm removes conflicts of interest'
ISS concluded that this "resolution warrants shareholder support" based on strategic rationale of the transaction and in the absence of any known issues concerning the proposal.
Sep 24, 2017, 14:11 PM ISTDLF promoters to sell entire stake in rental arm for Rs 12,000 crore
The promoters -- K P Singh and family -- would sell 33.34 per cent stake in DLF Cyber City Developers Ltd (DCCDL) to Singapore's sovereign wealth fund GIC for Rs 8,900 crore.
Aug 25, 2017, 22:10 PM ISTDLF board meet on August 25 to decide on Rs 13,000 crore GIC deal
India's largest realty firm DLF will hold a board meeting on Friday to decide on promoters' proposed sale of 40 per cent stake in rental arm to investment firm GIC in a deal estimated at around Rs 13,000 crore.
Aug 23, 2017, 15:08 PM ISTDLF promoters, GIC set to sign Rs 13,000 crore deal
Realty major DLF's promoters are likely to enter into an agreement with Singapore's sovereign wealth fund GIC in the next few weeks to sell their 40 percent stake in rental business for an estimated Rs 13,000 crore.
May 27, 2017, 21:01 PM ISTDLF promoters expects to sign Rs 12K cr stake sale deal by Oct
Last October, DLF had announced that its promoters would sell 40 percent stake in DLF Cyber City Developers (DCCDL).
Aug 30, 2016, 17:42 PM ISTDLF promoters buy 23 lakh shares; stake rises to 74.99%
Realty major DLF's promoters have bought 23 lakh shares of the company through open market transactions for nearly Rs 25 crore, raising their stakes to 74.99 percent.
Nov 25, 2015, 20:00 PM ISTDLF promoters to sell 40% stake in rental arm
The promoters will re-invest a significant part of the amount realised from the sale in DLF Ltd.
Oct 08, 2015, 23:35 PM ISTDLF share plunge: Promoters take biggest hit of Rs 5,500 crore
With a sharp fall of over 28 percent in DLF stock yesterday, its promoters who hold 74.91 percent stake in the company became poorer by Rs 5,578 crore.
Oct 15, 2014, 15:02 PM IST