DLF dips on corporate governance issues

The firm has been accused of favouring Robert Vadra, the son-in-law of Congress chief

DLF has dipped 5% to Rs 230 in morning trades on the National Stock Exchange on corporate governance issue.

Arvind Kejriwal, a social activist-turned-politician has accused DLF of favouring Robert Vadra, son-in-law of Congress chief and the UPA Chairperson Sonia Gandhi, with easy loans for some undue gains.

Meanwhile, in a clarification DLF, the real-estate company has rejected the allegations and said that it had given Rs 65 crore as "business advances" out of which Rs 15 crore was fully refunded and Rs 50 crore was used for purchase of land, the PTI report suggests.

The stock opened at Rs 237 and has seen a combined 2.9 million shares changing hands on the counter on both the exchanges.