Indian realty major DLF promoter stake sale to kill two birds with one stone

Indian realty major DLF promoter stake sale to kill two birds with one stone

Photo: Pradeep Gaur/Mint

On 8 October, the promoters of realty firm DLF Ltd decided to sell a 40% stake in the rental subsidiary—a value-yielding entity. Why the sudden move? Will it be a game-changer for the company and investors? The answers hinge on the modalities of the deal, which is yet to unfold.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter