On 12 March 2014
DLF announced that its subsidiary, DLF Home Developers has received a final tranche of payment of Rs. 93.5 crores on sale of balance shares of Galaxy Mercantile, a JV company of DHDL, IDFC and others. In November 2011, IDFC dealt to acquire 100% stake in the joint venture company owning 1.3 million sq. ft. IT Park located in Sector 62, Noida, Uttar Pradesh. The above transaction is in line with the DLF's objective of divesting its non-core assets.Powered by Capital Market - Live News
