DLF stake sale to Singapore GIC will lead to $2b capital infusion by Nov

DLF stake sale to Singapore GIC will lead to $2b capital infusion by Nov

Photo: Pradeep Gaur/Mint

A stake sale by DLF Ltd’s promoters to an affiliate of Singapore’s sovereign wealth fund GIC Pte Ltd will see capital infusion of nearly Rs13,000 crore into India’s largest property developer, DLF said in an analyst presentation on Sunday.

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