Realty major DLF Limited announced the resignation of Vivek Anand as Group Chief Financial Officer of the company, with effect from February 29, 2024. According to the company’s exchange filing, “Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that after…
DLF’s board of directors has promoted its whole-time directors Devinder Singh and Ashok Kumar Tyagi, as the CEOs, effective immediately. The company also informed in a filing, that the board of directors, “on the recommendation of the nomination and remuneration committee of the company has co-opted Savitri Devi Singh and Anushka Singh as additional directors…
DLF Cyber City Developers Limited, the rental arm of DLF Group, has entered into a Securities Purchase Agreement with funds managed by Hines for acquisition of their stake in Fairleaf Real Estate Private Limited, which owns and operates One Horizon Center. The purchase consideration for this acquisition is approximately Rs 780 crore, subject to customary…
Indian real estate major DLF recently announced that its Chairman KP Singh is retiring from the office. He will now be associated with the company in a non-executive role as Chairman Emeritus. Company Vice Chairman Rajiv Singh will now take over as Chairman of the realty major. KP Singh was at the helm of the…