The Exchange has sought clarification from DLF Limited with respect to recent news item captioned No Water, No Power At DLF's Luxury Homes In Gurgaon, Supreme Court Orders CBI Probe. The response from the Company is attached.
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DLF responded to NSE's query about a news report titled 'No Water, No Power At DLF's Luxury Homes In Gurgaon, Supreme Court Orders CBI Probe'. The company called the headline misleading and sensationalised. The project in question is 'The Primus' in New Gurgaon, developed by wholly-owned subsidiary DLF Home Developers Limited (DHDL), with 624 apartments handed over in 2017 with water, electricity and amenities as per the Occupancy Certificate. The case originated from complaints by 5 allottees at NCDRC, which passed a judgment on 29th May 2023; both sides appealed to the Supreme Court. The Supreme Court's 25th February 2026 interim order only directed an inquiry giving both parties a full opportunity to present their case, and explicitly stated no definitive opinion has been given against or in favour of anyone. DLF said the matter is sub judice with no final order, no material impact on business, and attributed the 4th March share price decline to broad market and Realty Index weakness amid global geopolitical disruptions.
Investors should note that no final adverse order has been passed by the Supreme Court and the court itself has clarified no opinion has been formed against DLF. Near-term stock sentiment may remain weak due to negative media coverage, but the legal position appears contained for now pending the final hearing.