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DLF's share sale oversubscribed 1.3 times

Realty major DLF's offer for sale of 8.1 crore equity shares to institutional investors has been oversubscribed by 1.3 times, which will help it raise Rs 1,888 crore at the upper band.

DLF to raise up to Rs 1,888 cr via share sale

The issue of shares via institutional placement programme (IPP) is being done to meet market regulator SEBI's guideline on minimum 25 percent public shareholding by June 30 for private sector listed companies.

DLF to raise upto Rs 1,888 cr via share sale, fixes price band

The company has fixed a price band of Rs 222-233 per share for its 8.1-crore share offer.

DLF to seek shareholders' nod over fresh equity on Apr 4

Realty major DLF Thursday said an extra-ordinary general meeting will be held on April 4 to take shareholders' approval for sale of fresh equity shares so as to meet market regulator Sebi's norms of 25 percent minimum public shareholding in a listed company.

DLF board approves sale of shares to meet SEBI norm

Realty major DLF Wednesday said it will issue fresh equity shares to dilute the promoter group holding in the company to meet SEBI norms of 25 percent minimum public shareholding.

DLF board to meet tomorrow to consider share sale

As per market regulator SEBI norms, private sector firms should have a minimum 25 percent public shareholding by June this year.