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DLF’s arm approves allotment of NCDs worth Rs 1,150 crore

29 Nov 2022 Evaluate

DLF’s material subsidiary company -- DLF Cyber City Developers (DCCDL) has approved allotment of 11,500 Senior, Listed, Rated, Secured, transferable, redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each at a coupon rate of 7.90% p.a. (inclusive of fees) payable on annual basis, with an aggregate principal amount of Rs 1,150 crore on private placement basis, to eligible investor(s).

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

601.80 12.10 (2.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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