Premium
This is an archive article published on May 7, 2013

DLF to sell 81 million shares,ropes in eight banks

DLF picked Bank of America-Merrill Lynch,Deutsche Bank,JPMorgan,HSBC,Kotak among others.

google-preferred-btn

India’s DLF Ltd is planning to sell up to 81 million shares and has mandated eight banks for the institutional placement sale,according to a term sheet.

The price range and size are yet to be determined,according to the term sheet,which also did not specify the timeframe.

DLF picked Bank of America-Merrill Lynch,Deutsche Bank,JPMorgan and Standard Chartered,along with CLSA,HSBC,Kotak,and UBS to handle the sale,according to the term sheet.

Story continues below this ad

Kushal Pal Singh or K.P. Singh is the chairman and CEO of DLF Limited.

DLF shares were up 1.3 percent at 235.80 rupees as of 0404 GMT.

Latest Comment
Post Comment
Read Comments
Advertisement
Express shorts
The RJD’s key face and Leader of the Opposition (LoP) Tejashwi Yadav, party supremo Lalu Yadav’s son, will again contest from his stronghold Raghopur.
Amid Mahagathbandhan crisis, RJD unveils list of 143, drops 36 MLAs, focuses on ‘M-Y’
Political Pulse3 hr ago

The RJD, lead player of the Mahagathbandhan, released its full list of 143 candidates for the November Bihar Assembly elections. Its key face Tejashwi Yadav will contest from Raghopur, and 41 sitting MLAs have been renominated. The party has dropped 36 sitting MLAs and fielded young leaders, signaling a bid to consolidate its core Muslim-Yadav vote base. The Congress has fielded 60 candidates.

View all shorts
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Actor Asrani dead
EntertainmentActor-director Asrani passes away
Earlier, on October 15, the Supreme Court permitted the sale and use of green firecrackers in Delhi-NCR.
CitiesDelhi’s air quality deteriorates, 34 out of 38 stations in ‘red zone’ on Diwali evening
Actor Asrani dead
EntertainmentActor-director Asrani passes away at 84
Jackie Shroff
EntertainmentInside Jackie Shroff’s lavish farmhouse: Akhada like gym, swimming pool, open kitchen and an open-air amphitheatre
Google's office in Hyderabad recently hosted a lavish Diwali celebration, sparking chatter on social media (Image source: @the.indianmunda/Instagram)
Trending‘Bigg Boss, it's hurting’: grand Diwali celebrations at Google Hyderabad leave netizens in awe
As the issue gained momentum on social media, Theatre’s co-founder and creative director, Shruti Aggarwal, issued a public apology in the comments (Image source: @jociejuritz/Instagram)
TrendingUK animator calls out popular Indian shoe brand for stealing design, creative director apologises: ‘Saw this design online and…’
Manchester United beat Liverpool at Anfield 2-1 in a Premier League game. (PHOTO: AP)
SportsManchester United must get their midfield in order but victory over Liverpool can create the right team energy
Since that loss to Crystal Palace at the end of September, Liverpool lost to Galatasaray in the Champions League and Chelsea & Man United in the Premier league. (PHOTO: REUTERS)
SportsWhy Liverpool look far from the free-flowing side they were last season
Hope is at the heart of Diwali stories, old and new
OpinionHope is at the heart of Diwali stories, old and new
green crackers
ExplainedGreen crackers are cleaner, not clean: Here's the science behind the sparkle
sleep
LifestyleThis is what happens to the body when you sleep for just 2 hours daily for a long time
Upliance 2.0 is almost the size of a mixer-grinder with a screen.
TechnologyThis kitchen assistant can help you get any recipe right
Advertisement
Must Read
SportsManchester United must get their midfield in order but victory over Liverpool can create the right team energy
Manchester United beat Liverpool at Anfield 2-1 in a Premier League game. (PHOTO: AP)
SportsWhy Liverpool look far from the free-flowing side they were last season
Since that loss to Crystal Palace at the end of September, Liverpool lost to Galatasaray in the Champions League and Chelsea & Man United in the Premier league. (PHOTO: REUTERS)
Sports'Australia will not spare if you're not in rhythm': Kaif slams Virat Kohli, Rohit Sharma's lack of preparation after failure in Perth
Virat kohli Rohit Sharma IND vs AUS
TechnologyThis kitchen assistant can help you get any recipe right
Upliance 2.0 is almost the size of a mixer-grinder with a screen.
TechnologyDiwali 2025: Easy ways to share stickers and images on WhatsApp and Instagram
Diwali is one of the most celebrated festivals in India.
TechnologyWikipedia loses traffic as AI chatbots replace search visits
Wikipedia gets billions of visitors per month.
LifestyleThis is what happens to the body when you sleep for just 2 hours daily for a long time
sleep
Advertisement
Buzzing Now
Trending‘Bigg Boss, it's hurting’: grand Diwali celebrations at Google Hyderabad leave netizens in awe
Google's office in Hyderabad recently hosted a lavish Diwali celebration, sparking chatter on social media (Image source: @the.indianmunda/Instagram)
TrendingUK animator calls out popular Indian shoe brand for stealing design, creative director apologises: ‘Saw this design online and…’
As the issue gained momentum on social media, Theatre’s co-founder and creative director, Shruti Aggarwal, issued a public apology in the comments (Image source: @jociejuritz/Instagram)
Trending‘Boeing again’: Cargo plane slides off runway, crashes into sea at Hong Kong airport; chilling video raises questions
According to a statement from Hong Kong International Airport, all four crew members onboard the plane were rescued (Image source: @abcnews/Instagram)
Trending'Everyone looks sober, no phones in hands’: old video of Infosys canteen shows IT life in 1990s, leaves internet nostalgic
Infosys, established in 1981 by N R Narayana Murthy and six co-founders, was one of the earliest Indian firms to introduce employee stock options (Image source: @mxtaverse/X)
TrendingEmployees show off ‘expensive’ Diwali gifts at work; netizens react: ‘90% of corporate slaves have gone into depression’
office Diwali gifts
Oct 20: Latest News
Advertisement