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

22 May 2018

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.

DLF Share Price

259.15 9.10 (3.64%) May 17, 18:01
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Peers
Company Name CMP
Dilip Buildcon 535.00
NBCC (India) 49.00
Sobha 449.15
JMC Projects (India) 97.80
Prestige Estate Proj 270.80
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