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Rajiv Singh, wife sell DLF shares worth Rs 351-cr to another promoter

Press Trust of India  |  New Delhi 

and his wife today offloaded 1.62 crore shares of the realty for over Rs 351 crore to another promoter entity.

The shares were picked up by and through open market transaction.

According to block deal data available with the NSE, sold 70 lakh shares of DLF, while offloaded 92 lakh shares of the company.

The shares were sold on an average price of Rs 217, valuing the transaction at Rs 351.54 crore.

At the end of June quarter, held 0.41 per cent in the company, his wife owned 0.53 per cent holding and and Agencies held 54.59 per cent stake in the realty company.

Overall, promoter entities held 74.95 per cent stake in the company.

Shares of today closed at Rs 221.65 apiece on the NSE, down 1.91 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: Thu, August 30 2018. 19:35 IST