DLF Limited — JV/Acquisition, 18-08-2026: Acquisition

DLF, through its subsidiary, has acquired a ~26.97% stake in Balang Renewables Private Limited for ₹4.20 crore. This strategic move aims to secure green power for DLF's operations under a Captive Power Purchase Agreement. By investing in renewable energy, DLF addresses its rising electricity demand with environment-friendly solutions and qualifies as a Captive User, aligning with its sustainability goals. This acquisition enhances operational efficiency and ensures a reliable source of clean energy, a smart play for long-term value.