Epic Research

Friday, September 12, 2014

DLF Update by Epic Research

DLFDLF, country’s largest real estate developer, has reportedly received its shareholders’ approval to raise up to Rs 5,000 crore through private placement of non-convertible debentures (NCDs). The shareholders have given approval to reduce borrowing power of the company’s board of directors to Rs 30,000 crore from earlier Rs 50,000 crore.

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