BSECompany Update1d ago · 18 Aug 2026, 05:32 pm
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
DLF Ltd · 532868
✦ AI Summaryacquisition
DLF Ltd has announced the acquisition of 26.97% equity shares of Balang Renewables Private Limited through its subsidiary DLF Info Park Developers (Chennai) Limited for ₹ 4.20 crore.
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Full Announcement
DLF Ltd - 532868 - Announcement under Regulation 30 (LODR)-Acquisition
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DLF LIMITED
DLF Gateway Tower, R Block,
DLF City Phase – III, Gurugram – 122 002,
Haryana (India)
Tel.: (+91-124) 4396000, investor-relations@dlf.in
18th August 2026
To, To,
The General Manager The Vice-President
Dept. of Corporate Services National Stock Exchange of India Limited
BSE Limited Exchange Plaza,
P.J. Tower, Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai 400 001 Mumbai-400051
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 [‘SEBI Listing Regulations’]
Dear Sirs,
This is to inform you that DLF Cyber City Developers Limited (a material subsidiary in which
DLF Limited holds ~66.67% of its total paid-up share capital), through one of its subsidiary
[‘DLF Info Park Developers (Chennai) Limited’/ ’Acquirer’] has executed a Share
Purchase and Shareholders Agreement to acquire ~26.97% equity shares of Balang
Renewables Private Limited (‘Target Entity’), by way of cash consideration of
₹ 4.20 crore.
The Target Entity is engaged in the business of development, operation and
maintenance of the renewable energy plant and further supplying the green power, to
the Acquirer under the Captive Power Purchase Agreement (‘PPA’).
It is further submitted that, to qualify as a Captive User in terms of the Electricity Act, 2003
and the allied rules, the Acquirer is required to subscribe to the equity shares comprising
at least 26% of the issued and paid-up equity share capital of the Target Entity.
The requisite disclosures pursuant to Regulation 30 of the SEBI Listing Regulations read
with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated
on 30th January 2026, are enclosed herewith as Annexure-A.
The above intimation was received on 18th August 2026 at 16.39 Hrs. (IST).
This is for your information and record please.
Thanking you,
Yours faithfully,
for DLF Limited
R. P. Punjani
Company Secretary
Encl.: As above
Regd. Office: DLF Shopping Mall, 3rd Floor, Arjun Marg, DLF City, Phase-I, Gurugram -122 002, Haryana (India)
CIN: L70101HR1963PLC002484; Website: www.dlf.in
DLF LIMITED
DLF Gateway Tower, R Block,
DLF City Phase – III, Gurugram – 122 002,
Haryana (India)
Tel.: (+91-124) 4396000, investor-relations@dlf.in
Annexure-A
Details as required under Schedule III of the SEBI Listing Regulations, read with the
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on
30th January 2026, are as under:
A. Name of the target entity, details in brief Balang Renewables Private Limited
such as size, turnover etc. (‘BRPL’)
Latest Financial Parameter of Target Entity
Turnover (₹ in crore) Nil
PAT (₹ in crore) (0.02)
Net-worth (₹ in crore) (0.03)
Other -
B. Whether the acquisition falls within No
Related Party Transaction(s) and
whether the Promoter/ Promoter
Group/ Group companies have any
interest in the entity being acquired? If
yes, nature of interest and details
thereof and whether the same is done
at arm’s length.
C. Industry to which the entity being Renewable green solutions
acquired belongs (‘Renewable Energy’)
D. Objects and impact of acquisition To cater the rising demand for
(including but not limited to, disclosure electricity through environment
of reasons for acquisition of target friendly energy solutions
company, if its business is outside the
main line of business of the listed entity)
E. Brief details of any governmental or Not applicable
regulatory approvals required for the
acquisition
F. Indicative time period for completion of Within 30 (thirty) days from the date
the acquisition of execution of the transaction
documents
G. Consideration – whether cash Cash consideration
consideration or share swap or any
other form and details of the same
H. Cost of acquisition and/ or the price at ₹ 4.20 crore
which the shares are acquired (₹ in
crores)
I. Percentage of shareholding/ control ~26.97%
acquired and/ or number of shares
acquired
J. Brief background about the entity The target entity is engaged in the
acquired in terms of products/ line of business of providing solar power
business acquired solutions comprising of consulting,
design, engineering, fabrication,
installation, commissioning and
monitoring of distributed rooftop
Regd. Office: DLF Shopping Mall, 3rd Floor, Arjun Marg, DLF City, Phase-I, Gurugram -122 002, Haryana (India)
CIN: L70101HR1963PLC002484; Website: www.dlf.in
DLF LIMITED
DLF Gateway Tower, R Block,
DLF City Phase – III, Gurugram – 122 002,
Haryana (India)
Tel.: (+91-124) 4396000, investor-relations@dlf.in
solar power plants primarily for
captive consumption of
commercial and industrial
customers in India
Date of incorporation 9th February 2024
History of last 3 years turnover Year Amount of
Description turnover (₹ in
crore)
1st Previous year turnover FY 2024-25 Nil
2nd Previous year turnover Not applicable as BRPL was
3rd Previous year turnover incorporated on 9th February 2024
Country in which the acquired entity India
has presence
Any other significant information (in None
brief)
Regd. Office: DLF Shopping Mall, 3rd Floor, Arjun Marg, DLF City, Phase-I, Gurugram -122 002, Haryana (India)
CIN: L70101HR1963PLC002484; Website: www.dlf.in