by admin | May 25, 2021 | Business, Corporate, Corporate Buzz, Investing, Large Enterprise, Property
Mumbai : Real estate major DLF on Friday said that it plans to raise Rs 11,250 crore through issue of warrants and debentures to its promoters, subject to shareholders approval.
“Upon completion of the… mentioned issuances and conversion into equity shares, the total additional amount of promoter or promoters group’s equity contribution to the company will be approximately Rs 11,250 crores,” the company said in a BSE filing.
The company also plans to offer and issue up to 17.30 crore equity shares of Rs 2 each, to eligible investors, in one or more tranches, in India or abroad by way of “public issue or a private placement or a qualified institutions placement”.
—IANS
by admin | May 25, 2021 | Business, News
Gurgaon, Haryana: In a move to strengthen and empower the residents of its city, real estate major DLF has joined hands with Municipal Corporation of Gurgaon (MCG) to set up libraries in the DLF City.
“The libraries will be furnished with wide range of books of different subjects which will benefit the senior citizen, women and the children of the city. It will be a place where residents of all ages and incomes will visit and enjoy spending their time. These libraries will be local centres of information, making all kinds of knowledge and information easily available to the residents,” said DLF in a media statement.
“Public libraries play vital role and fundamental importance in development of mental status of the citizens and are a medium to disseminate information and educate the masses. DLF is supporting MCG in this cause and providing space to set up library in DLF City” said Mr. Y.S. Gupta, Joint Commissioner MCG.
“A library is a place that is a repository of information and gives every citizen equal access to it. It’s a community space for the development of the society. We are thankful to the Municipal Corporation of Gurgaon for joining us in this endeavor.” said Mr. Rohit Malik Director DEDL.
