Realty major DLF on Saturday said that its board will meet on October 8 to discuss the recommendations made by a committee on ways to drive growth of company's Rs.2,400 crore rental business.
"A meeting of the board of directors has been scheduled to be held on October 8, 2015 to consider and deliberate on the recommendations, if any, of the audit committee which is scheduled to meet on October 8, 2015," the company said in a Bombay Stock Exchange (BSE) filing.
The audit committee was authorised by the board on August 29, 2014 to inter alia evaluate, review and recommend various strategic and financial options to drive sustainable and long-term growth and development of rental business and resolve conflict of interest in the ownership of DLF Cyber City Developers Ltd (DCCDL) with inter-se affiliated persons/entities.
The audit committee, in its meeting scheduled for October 8, will review and consider the various strategic options in this regard.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app