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MoneyWorks4Me

DLF’s promoters raise stake to 74.99%

26 Nov 2015 Evaluate

Realty major DLF’s promoters have bought 23 lakh shares of the company through open market transactions for nearly Rs 25 crore. The promoters have bought these shares between November 23-24 from open market. Post this transactions, the stake of promoters, KP Singh and family, has increased to 74.99% from 74.86% it held earlier in the firm.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 288 million square feet (approximately) of development potential with 45 million square feet of projects under construction.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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