GIC Sells Down Stake in DLF Limited

Posted on 04/08/2019


Singapore’s GIC Private Limited sold 6,79,87,184 shares in DLF Limited for Rs 1,298 crore. The shares were sold at roughly 191.01 INR per share. DLF Limited (Delhi Land & Finance) is the largest commercial real estate developer in India.

Societe Generale was the buyer to the amount of 2,08,85,987 shares at Rs 191 per share.