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DLF’s arm acquires 26% equity shares of DLF Hotels

06 Dec 2011 Evaluate

DLF’s wholly owned subsidiary - DLF Hotel Holdings (DHHL), has acquired additional 26% equity shares of DLF Hotels & Hospitality (DLF Hotels) from Aro Participation and Splendid Property Company, affiliates of Hilton International Company. Pursuant to this acquisition, DLF Hotels has become a wholly owned subsidiary of DHHL.

Prior to acquisition, DHHL was holding 74% equity shares in the joint venture company - DLF Hotels & Hospitality.

Recently, DLF’s wholly owned subsidiary company- DLF Home Developers’ joint venture (JV) company- Galaxy Mercantile- had received the first tranche of capital infusion from IDFC as part of a process for IDFC to acquire 100% stake in the JV Company.

DLF Share Price

608.40 -10.40 (-1.68%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
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