Business Standard

Promoters infuse Rs 2,250 crore in DLF against issuance of new equity share

To finish the capital infusion process, the DLF board has now allotted 138.1 million equity shares - at Rs 217.25 each - against the convertible debentures

DLF Building

Arnab Dutta New Delhi
Promoters of realty major DLF have infused Rs 2,250 crore in the company against issuance of new equity shares. The fresh infusion through two holding entities — Rajdhani Investments & Agencies and DLF Urva Real Estate Developers & Services —  takes the promoters’ collective stake to 74.95 per cent in the company.

The Gurugram-headquartered company on Thursday informed the BSE that the current tranche of capital invested concludes the induction of capital of Rs 11,250 crore by the promoter/promoter group as planned in December 2017. 

In 2017, the DLF board had chalked out a ‘game-changer’ plan, encompassing stake sale in
Topics : DLF

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 27 2019 | 9:41 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to