The proposed buy back of equity by realty major DLF will be re-scheduled. The buyback was to open on 15 October.
In a statement to the Bombay Stock Exchange, the company said that it is in the process of complying with observations issued by the Securities Board of India (SEBI).
"Hence, the offer opening will be re-scheduled," said the company.
JM Financial Consultants are manager to the buy back offer for DLF.
On the Bombay Stock Exchange, the company's share price closed on Tuesday at Rs 310.60, up 3.07 per cent.