MoneyWorks4Me

DLF gets nod to raise funds up to Rs 2,500 crore via NCDs

22 May 2018 Evaluate

DLF has received approval for raising of funds through Non-Convertible Debentures (NCDs) and/or other debt instruments for an amount not exceeding Rs 2,500 crore. The meeting of the Board of Directors of the company held on May 21 2018, approved the same.

DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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