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DLF promoters News

27 Dec 2017

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.

02 Dec 2017

DLF 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.

DLF promoters stake sale

30 Sep 2017

DLF 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.

24 Sep 2017

'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.

DLF promoters stake

25 Aug 2017

DLF 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.

23 Aug 2017

DLF 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.

27 May 2017

DLF 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.

30 Aug 2016

DLF 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).

25 Nov 2015

DLF 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.

08 Oct 2015

DLF 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.

15 Oct 2014

DLF 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.

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