DLF vice-chairman Rajiv Singh today sold 92 lakh shares of the realty major for Rs 198 crore through an open market transaction.
Singh, who is also a promoter of the company, offloaded the shares to another promoter entity Rajdhani Investment and Agencies Pvt Ltd.
According to bulk deal data available with the NSE, Singh sold a total of 98 lakh shares at an average price of Rs 215.25, valuing the transaction at Rs 198.03 crore.
As of December 2017, Singh held over 1.64 crore shares, amounting to 0.92 per cent stake in DLF, while Rajdhani Investment owned 97,920 scrips or 0.01 per cent stake in the realty company.
DLF shares today closed at Rs 213.05 on the NSE, down 0.01 per cent from the previous close.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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