CBI visits DLF offices for land acquisition issue: Media report

Reacting to this, shares of the company slipped 4% on Friday.

Jan 25, 2019 01:01 IST India Infoline News Service

The Central Bureau of Investigation (CBI) visited DLF’s Delhi offices on Friday in connection with a land acquisition issue, a PTI report said. Reacting to this, shares of the company slipped 5% on Friday.

"A team from the CBI has visited our offices today, as well as those of several other corporates, with respect to an old case, pertaining to a land acquisition matter. We are fully confident of the merits of our case & are extending our full cooperation to the authorities," a media report said citing DLF.

DLF Ltd's share price is currently at Rs168.40, down by Rs9.05 or 5.1%, from its previous closing of Rs177.45 on the BSE.

The scrip opened at Rs179.60 and has touched a high and low of Rs180.10 and Rs168.40, respectively. So far, 93,03,818 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs31,665.51cr.

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