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.

This consolidation is expected to benefit shareholders by enhancing operational efficiency and transparency.

No new shares are involved in this internal restructuring.