JV/AcquisitionAcquisition

DLF, through its subsidiary, has acquired a ~26.97% stake in Balang Renewables Private Limited for ₹4.20 crore.

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DLF LimitedDLF · Filed with the exchange

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 as a Captive User, aligning with its sustainability goals.

This acquisition enhances operational efficiency and ensures a reliable source of clean energy, a smart play for long-term value.

Read the original filing(PDF)

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