The Exchange had sought clarification from DLF with respect to news article appearing in Mint on May 20, 2015 titled ‘PVR close to acquiring DLFs DT Cinemas’. DLF replied stating that they would like to clarify that we have not done any transaction with respect to ‘DT Cinemas’. The Company, during its normal course of business, keeps exploring various opportunities to enhance shareholder value, which includes M&A, divestment of assets and fund raising opportunities. They would keep exchanges informed in case of any specific developments and the Company shall continue to do so as part of its obligation under Clause 36 of Listing Agreement.
The above information is a part of company’s filings submitted to BSE.
