The Company, during its normal course of business, keeps exploring various opportunities to enhance shareholder value, which includes M&A, divestment of assets and fund raising opportunities.
The Exchange had sought clarification from DLF Ltd with respect to news article appearing on The Economic Times on March 13, 2015 titled "Blackstone Looks to Buy up to 40% in DLF's Cybercity"
DLF Ltd replied stating "We would like to clarify that we are not in dialogue with Blackstone Group or any other entity with respect to the sale of 40% equity of Gurgaon DLF Cybercity as articulated in the aforesaid article.
The Company, during its normal course of business, keeps exploring various opportunities to enhance shareholder value, which includes M&A, divestment of assets and fund raising opportunities.
We would keep exchanges informed in case of any specific developments and the Company shall continue to do so as part of its obligation under Clause 36 of Listing Agreement."
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