rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
DLF LTD. - Clarifies on News Item
< Back
30 Jul 2015
With reference to the news article flashed on CNBC TV 18, July 29 2015 captioned &quot;DLF to sell upto 40-50% stake in holding company - Rent Yielding assets, DLF to launch REIT with PE players - to raise $2bn from PE players, DLF has around Rs. 20000 crs debt currently&quot;, DLF Ltd has Clarified to BSE as under :&lt;BR&gt;&lt;BR&gt;&quot;This is speculative news. The Company during its normal course of business keeps exploring various opportunities to enhance shareholders&apos; value, which includes M&amp;A, divestment of assets and fund-raising opportunities.&lt;BR&gt;&lt;BR&gt;Further, being a responsible corporate, we would keep exchanges informed in case of any specific developments and the Company shall continue to do so as part of its obligation under Clause 36 of Listing Agreement.&quot;
View all announcements for DLF LTD. Source: BSE India