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.
