Announced Mon, 13 Apr · 18:51 IST
Elpro International acquires 1.06L DLF shares for ₹6.01 Cr
ELPROINTL · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Elpro International Ltd has acquired 1,06,000 equity shares of DLF Limited for ₹6.01 Crores as a fresh investment. DLF is India's largest listed real estate company with FY25 consolidated turnover of ₹8,995.89 Cr. The deal is not a related party transaction and is funded through cash. Elpro's previous holding in DLF was nil.
Likely market impact
Minority portfolio investment in a large listed realty major. Size is small relative to Elpro's base, so limited financial impact expected.