News Business DLF to sell 81 million shares, ropes in eight banks

DLF to sell 81 million shares, ropes in eight banks

New Delhi, May 7: DLF may sell up to 81 million shares and has mandated eight banks for the institutional placement sale, according to a term sheet.The price range and size are yet to be

dlf to sell 81 million shares ropes in eight banks dlf to sell 81 million shares ropes in eight banks
New Delhi, May 7: DLF may sell up to 81 million shares and has mandated eight banks for the institutional placement sale, according to a term sheet.



The price range and size are yet to be determined. DLF picked Bank of America-Merrill Lynch, Deutsche Bank, JPMorgan and Standard Chartered, along with CLSA, HSBC, Kotak, and UBS to handle the sale, according to the term sheet.

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