Billionaire KP Singh has sold his entire remaining stake in real estate firm DLF for around Rs 731 crore, according to the stock exchange data. It wasn’t clear why Singh, who in June 2020 was named the chairman emeritus, sold the shares in the company that is now headed by his son Rajiv.… Continue reading DLF’s KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data
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DLF’s KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%
Founder KP Singh divested 0.59 per cent stake in DLF on Tuesday. He sold nearly 14.5 million shares at Rs 504.2 apiece to raise Rs 731 crore. Shares of the real estate major last closed at Rs 499.7, down 3.7 per cent over its previous close. Shares of DLF have rallied 33 per cent so… Continue reading DLF’s KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%