The Exchange had sought clarification from DLF with respect to news article appearing on CNBC TV 18 on June 23, 2015 titled ‘DLF to transfer all its Bengaluru assets to Blackstone. DLF to also give partial stake in Chennai property to Blackstone. DLF still negotiating valuation for Chennai property’. DLF replied stating that they would like to clarify that this is a speculative news and being a responsible corporate, 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.
