DLF-GIC JV firm DCCDL raises Rs 1,100 cr through NCDs
Published on: Oct. 1, 2025, 7:43 a.m. | Source: The Economic Times
DLF's rental arm DCCDL raised 1,100 crore rupees. This funding came from non-convertible debentures. The issue happened on a private placement basis. DCCDL is a joint venture with GIC. Its net profit rose 26 percent in the June quarter. Total income grew 12 percent. The company reported higher income from properties.
