DLF Banks On Sale Of Finished Inventory To Reduce Debt

DLF Ltd. expects to complete the sale of Rs13,500-crore unsold inventories in the next four-to-five years, its Group Chief Financial Officer Saurabh Chawla said.The company’s net debt stands at Rs 7,000 crore, Chawla told BloombergQuint in an interaction adding that its two capital actions may help to reduce its debt.

Read More