Elpro International Ltd Acquires Equity Shares of DLF Limited
Elpro International Ltd has announced the acquisition of equity shares in DLF Limited. The company initiated the transaction with the stated purpose of investment.The acquisition details indicate that Elpro International Ltd acquired 1,06,000 equity shares of DLF Limited. This marks the company's total holding, having previously held nil equity shares. The cost of this acquisition was determined to be INR 6.01 Crores. The transaction utilized cash consideration.
DLF Limited, which falls under the Residential Commercial Projects industry, is described as India's largest publicly listed real estate company. The company's operations span 15 states and 24 cities, developing diverse verticals for India's evolving needs.
Transaction and Company Details
The following table summarizes key details regarding the acquisition:| Detail | Value |
|---|---|
| Target Entity | DLF Limited |
| Nature of Consideration | Cash consideration |
| Cost of Acquisition | INR 6.01 Crores |
| Shares Acquired | 1,06,000 Equity Shares |
| Total Holding | 1,06,000 Equity Shares |
| Acquisition Purpose | Investment Purpose |
| Industry | Residential Commercial Projects |
DLF Limited Financial Overview
DLF Limited is incorporated on 04/07/1963 and maintains a website at www.dlf.in. The company's consolidated turnover over the last three financial years shows consistent figures.The consolidated turnover of DLF Limited (in Crores) for the last three years is detailed below:
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Consolidated Turnover | 7,993.66 | 5,694.83 | 5,694.83 |
| Total Turnover (Cumulative) | 8,995.89 | 6,958.34 | 6,012.14 |
In addition to the total turnover, DLF Limited's consolidated turnover data was also noted for the last three financial years:
| Particulars | FY 2024-25 (Crores) | FY 2023-24 (Crores) | FY 2022-23 (Crores) |
|---|---|---|---|
| Turnover (Amount) | 7,993.66 | 5,694.83 | 5,694.83 |
Stock Price Movement
Elpro International Ltd closed out Monday at ₹99.16, ticking up 3.83% for the day. The shares showed considerable volatility, trading across a range from a low of ₹94.99 to a high of ₹99.60.Source:
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