Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015
DLF · price
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Awaiting price reaction for this filing.
DLF has reached a full and final settlement in its long-running arbitration involving Hubtown Limited, Chinsha Property Private Limited, Twenty Five Downtown Realty Limited (TFDRL, formerly Joyous Housing Limited), and others. An arbitration award was passed on 11th July 2025 based on consent terms agreed by all parties, resolving all disputes, claims, and counterclaims. Under the settlement, TFDRL will pay DLF in tranches over 24 months, with the first tranche of ₹100 crores already received. The remaining settlement amount is backed by a registered mortgage over approximately 1,50,000 sq. ft. of RERA Carpet Area in TFDRL's under-construction Mumbai project, providing strong security for the balance.
Positive for shareholders — DLF receives ₹100 crores in immediate cash inflow, and the remaining dues are well-secured by mortgaged real estate, effectively monetising the disputed asset while closing years of litigation. This removes overhang and strengthens DLF's balance sheet.