Page 11 - Dlf

DLF targets Rs 25 bn sales in 2018-19, expects to be debt free by March

The KP Singh-led company is also working on a few new projects in both the commercial and residential segment.

Riding on 66% net growth, DLF sees revival in luxury homes

DLF recorded a consolidated net profit of Rs 2.48 billion in the fourth quarter of last fiscal year while profit stood at Rs 1.49 billion during the same period a year

SAT quashes monetary penalty of Rs 860 mn by Sebi on DLF, top officials

Sebi had said DLF suppressed the material information in the prospectus it had issued before its public issue in 2007

DLF buys 11.76 acre of land for Rs 15 billion in Gurugram, plans expansion

HSIIDC concluded its e-auction on Monday night for the 11.76-acre plot on NH 8 in Gurgaon

Promoters infuse Rs 9,000 cr in DLF to reduce debt post closure of GIC deal

DLF's debt stood at nearly Rs 27,000 crore at the end of the second quarter of the current fiscal

DLF board okays plan to infuse Rs 11,250-cr equity

DLF said its board had approved the preferential offer and issue of up to 379.7 mn compulsorily convertible unsecured debentures (CCDs) to the promoters for cash

DLF promoters to infuse Rs 11,250 cr; board okays QIP

Collected sum to help firm reduce its debts

DLF ends Q2 with Rs 26,800-cr debt, firm says no cuts in spends

An operating cash deficit of around Rs 750 crore per quarter to continue in FY18

Dealing with debt: DLF building on debt-free ambition

In the second of a 4-part series, Business Standard looks at the realty major

DLF slips in red after rising over 3% as it seals JV deal with GIC

The promoters sold 33.34% stake in the rental arm to the Singapore sovereign wealth fund

Debt-free status for residential operations positive for DLF

Investors should await timeline for fund infusion and extent of equity dilution

DLF expects Rs 13,000 crore infusion post GIC deal

Post this deal, DLF will have 66.66% stake in the DCCDL and GIC 33.34% stake in the JV

DLF up 7% ahead of audit, board meet on August 25

The committee will consider and review the status of proposed sale of CCPS to a GIC affiliate.

DLF soars 14% on strong June-quarter results

DLF reported a consolidated net profit of Rs 110 crore in June quarter

RERA, GST and market sentiments hit DLF books

Implementation of Rera and GST has continued to elongate the sales cycle

Sebi says DLF restructuring leeway subject to HC nod

Capital market regulator Sebi has said the proposed restructuring among promoter entities in DLF will be exempt from open offer obligation if the deal is approved by the High Court.The real estate developer had sought an 'informal guidance' from Sebi on a restructuring proposal that would a seen promoter group firm Rajdhani Investments & Agencies (applicant) stake go up from 0.01 per cent to 54.08 per cent in DLF."With a view to consolidate the holding and streamline the promoter group companies' structure, it is proposed to merge all the 10 transferor companies into the applicant through a composite scheme of merger with the approval of High Court. There will be no change in total promoter group shareholding of 74.95 per cent in DLF as 54.08 per cent shall be held by the applicant and the remaining 20.87 per cent shares shall continue to be held by other existing promoter group entities," DLF had written to Sebi in a letter dated March 24."The conditions for availing exemption ...

DLF's FY18 rental income to rise 12% at Rs 2,900 cr on better realisations

Unlike housing segment, which is facing a demand slowdown, the commercial real estate is doing well

DLF's FY17 sales booking dips 63% to Rs 1,160 cr due to slowdown in demand

Company said RERA, GST would pose challenges, cause disruption in the short term

DLF to see money flow in from GIC stake sale by October

DLF had in March decided to sell 40% of DCCDL for Rs 13,000 crore to an affiliate of Singapore's GIC

DLF Q4 profit at Rs 136 crore

It had in contrast posted a net loss of Rs 180.54 crore in the same period FY16