Shareholders also approved another special resolution to lease and/or create charge, lien, mortgage, hypothecation, etc exceeding 20 percent of the assets of these three subsidiaries, DLF said in a filing to the BSE.
These resolutions were approved by the shareholders at the company's annual general meeting held on August 28.
Through a notice to the AGM, DLF had sought shareholders' nod "to create charge, lien, pledge and other encumbrances of any nature/kind, exceeding 50 percent of the company's shareholding in the material subsidiaries -- DLF Cyber City Developers Ltd, Caraf Builders & Constructions Pvt Ltd and DLF Assets Pvt Ltd."
DLF holds 100 percent equity shareholding in these three subsidiaries, which are in the business of developing and leasing of office space, IT Park/SEZ and retail properties.

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