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DLF's Rajiv Singh sells shares worth Rs 198-cr

Press Trust of India  |  New Delhi 

today sold 92 lakh shares of the realty 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 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 owned 97,920 scrips or 0.01 per cent stake in the realty company.

shares today closed at Rs 213.05 on the NSE, down 0.01 per cent from the previous close.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 20:45 IST