DLF Limited — Others, 04-08-2025: Change in Auditors

DLF's board has met and approved its standalone and consolidated financial results for the quarter. M/s Sanjay Gupta & Associates were appointed as cost auditors for FY 2025-26, following the Audit Committee's proposal. The company is navigating ongoing legal challenges, including a ₹630 Cr Competition Commission of India penalty, land sale cancellations, and SEBI-related matters, with management confident of favorable outcomes. A resolution for the Twenty-Five Downtown Realty Limited (JHL) joint venture was reached, where DLF is set to receive ₹801 Cr, of which ₹100 Cr has already been received. Additionally, a subsidiary issued ₹600 Cr in Non-Convertible Debentures, and a new subsidiary, Fleetrise IFSC Private Limited, was incorporated.