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DLF Ltd with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to planning, execution, construction and marketing of projects. It is also engaged in business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of real estate business.
DLF, through its subsidiary, has acquired a ~26.97% stake in Balang Renewables Private Limited for ₹4.20 crore. This strategic move aims to secure green power for DLF's operations under a Captive Power Purchase Agreement. By investing in renewable energy, DLF addresses its rising electricity demand with environment-friendly solutions and qualifies...
DLF has received NCLT approval for the merger of its 16 wholly-owned subsidiary companies into DLF Limited. This strategic move aims to streamline operations and simplify DLF's corporate structure. Once the order is filed with the Registrar of Companies, these subsidiaries will be dissolved, ceasing to exist as separate entities....
DLF has announced a board meeting on the financial results for the quarter and half-year. DLF’s wholly-owned subsidiary, DLF Home Developers Limited, has incorporated Fleetrise IFSC Private Limited, a new company focused on aircraft leasing in Gujarat’s GIFT City. With an initial investment of ₹2 Cr for full ownership, this...
DLF Home Developers Limited (DHDL), a wholly-owned subsidiary of DLF Limited, has acquired 49.997% of the equity share capital and compulsorily convertible debentures of DLF Urban Private Limited (DUPL) from Reco Greens Pte. Limited. Following this acquisition, DHDL's stake in DUPL rises to 100%, making it a wholly-owned subsidiary. This...