Dlf’s Ra­jiv singh sells shares

Realty Plus - - News -

DLF vice-chair­man Ra­jiv Singh sold 92 lakh shares of the realty ma­jor for Rs 198 crore through an open mar­ket trans­ac­tion. Singh, who is also a pro­moter of the com­pany, off­loaded the shares to an­other pro­moter en­tity Ra­jd­hani In­vest­ment and Agen­cies Pvt Ltd.ac­cord­ing to bulk deal data avail­able with the NSE, Singh sold a to­tal of 98 lakh shares at an av­er­age price of Rs 215.25, valu­ing the trans­ac­tion at Rs 198.03 crore. As of De­cem­ber 2017, Singh held over 1.64 crore shares, amount­ing to 0.92 per cent stake in DLF, while Ra­jd­hani In­vest­ment owned 97,920 scrips or 0.01 per cent stake in the realty com­pany.

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