|
|
Forward this Blog |
|
|
|
|
|
DLF seeks shareholders’ nod to raise Rs10,000 crore in equity |
|
8/29/2008 1:24:33 AM
|
|
Description
DLF Ltd, the countrys largest listed property developer, has sought shareholders approval for raising up to Rs10,000 ($2.3 billion) by selling shares to institutional investors.
DLF has called a shareholders meeting on 30 September for the purpose and expects to complete the share sale within 12 months of the approval, the New Delhi-based company said in its annual report.
DLF had raised around Rs10,000 crore ($2.25 billion) in its initial public offer last year, and in July, the company said it would buy back shares worth Rs1,100 crore to boost sagging share prices. |
Posted By : Not Specified |
|
|
|
|
|
|
|
|
More Categories:
|