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DLF
BSE: 532868|NSE: DLF|ISIN: INE271C01023|SECTOR: Construction & Contracting - Real Estate
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Dec 19, 16:30
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Dec 19, 16:30
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Company History - DLF
YEAR                                                                  
              EVENTS
 1963    Incorporation of American Universal Electric (India) Ltd
 
 1979    DLF United Limited amalgamates with American Universal
 Electric (India) Limited to form DLF Universal Electric Limited
 
 1981    DLF Universal Electric Limited  changes name to DLF Universal
 Limited
 
 1981    DLF Universal Limited obtains its first licence from the
 State Government of Haryana and 
             commences development of the 'DLF City' in Gurgaon,
 Haryana
 
 1985     We initiated plotted developments, self first plot in
 Gurgaon, Haryana. Consolidate the development of DLF City for
 township development.
 
 1991     Construction of our first office complex, 'DLF Centre', at
 New Delhi
 
 1993     Completion of our first condominium project, 'Silver Oaks',
 at DLF City, Gurgaon, Haryana
 
 1996     Construction of 'DLF Corporate Park', our first office
 complex at DLF City, Gurgaon, Haryana.
 
 1999     Development of the DLF golf course
 
 2000 - The Scheme of Merger/Amalgamation of DLF Industries Limited
 with M/s. DLF
               Universal Ltd., which was approved by the Hon'ble High
 Court of Delhi at New Delhi
               and by the Hon'ble High Court of Punjab and Haryana at
 Chandigarh came into effect
               on 09.10.2000.
 
 2002     We venture into retail development in Gurgaon, Haryana
 
 2002      We offer integrated family entertainment centers with the
 commencement of operation of 'DT Cinemas' at Gurgaon, Haryana
 
 2003-04 Development of 'DLF Cybercity', an integrated IT park
 measuring approximately 90 acres at Gurgaon, Haryana.
 
 2005      * Acquisition of 16.62 acres (approx) of mill land in
 Mumbai
               * Received 'Corporate Buildings Award' instituted by
 'Indian Architect and Builder', a                      publicationof
 Jasubhai Media Group, Mumbai
               * Received 'Superbrand' award from Hon'ble Minister for
 Civil Aviation, Mr. Praful Patel.
 
 2006      Construction joint venture signed between DLF Universal
 Limited and U.K. based Laing O'Rourke Plc to form DLF Laing O'Rourke
 (India) Limited
 
 2006      DLF Universal Limited changes name to DLF Limited
 
 2006      Alliance agreement signed between DLF and Hilton
 International Co. to incorporate a joint venture company in India to
 develop, own and acquire 50 to 75 hotels and services apartments.
 
 2006      DLF enters into a joint venture with WSP Group Plc. for the
 purposes of providing engineering and design services, environmental
 and infrastructural  facilities and also project management 
 services.
 
 2007      DLF enters into a joint venture with Prudential Insurance
 to establish a joint venture company to undertake life insurance
 business in India.
 
 - DLF launches  bn issue.
 
 -The US-based Hilton Hotels Corporation has declared that it will
 develop 10 hotel projects in the country in alliance with DLF Ltd.
 
 -Company has changed its name from DLF Universal Ltd. to DLF Ltd.    
                                                               
                                                         
 2008
 
 -DLF inked a memorandum of understanding with the infrastructure
 company Gayatri Projects Ltd (GPL) to develop roads, highways and
 bridges across the country.
 
 - DLF Ltd and the Tamil Nadu Industrial Development Corporation
 (TIDCO) have forayed into an alliance agreement for a Rs 1,500-crore
 Information technology Special Economic Zone (SEZ).
 
 -Commences operations of India's first Luxury Mall - Emporio Clinches
 the Title Sponsorship of IPL
 
 2009
 
 -DLF Ltd launched Capital Greens, the Largest private sector
 residential project in Delhi.
 
 -Foundation stone laid for DLF-IL&FS Metro In Gurgaon - India's first
 public rail trasport system to be built & run by a private Company
 
 - DLF conferred Best Global Developer Award, 2009 by Euromoney
 
 - DLF sells DT Cinemas, enters into a long term strategic alliance
 with PVR
 
 2010
 
 -DLF Ltd Launched plots in Gurgaon after a decade, creating a new
 suburb-'New Gurgaon'
 
 -DLF Ltd announced the launch of the first phase of its 200-acre
 project in Panchkula with an investment of nearly Rs 2,200 crore.
 
 -DLF launching ultra-rich homes in Shimla and Goa
 
 -DLF, Country's largest realty firm, has sold 150 plots, garnering
 over Rs 500 crore, in a township project at Gurgaon. DLF launched a
 100-acre township 'Alameda' in Gurgaon.
 
 2011
 
 -DLF Ltd Delivered Delhi's first Automated Car Parking in Sarojini
 Nagar.
  
 -DLF Pramerica Life Insurance, the insurance arm of India's largest
 realty developer, DLF announced that it hired over 3,000 additional
 financial advisors in 2010-11 for boosting its sales and growth. The
 insurance firm's workforce grew from 2,115 in 2009-10 to 5,119 in
 2010-11.
 
 -DLF Ltd has decided to sell off the property in Gurgaon as an effort
 to minimise the debt of the company, which stood at Rs 21,524 crore as
 on 30 June 2011.
 
 -DLF's arm DLF Hotel Holdings Ltd acquires 26% stake from Aro
 Participation Ltd and Splendid Property Company Ltd, affiliates of
 Hilton International Company.
 
 -India's largest real estate developer, DLF Ltd along with its JV
 partner Hubtown have sold 100 per cent of their respective share
 holding in DLF Ackruti Info Parks to private equity fund, Blackstone
 for Rs 810 crore.
 
  2012
 
 -DLF Ltd Marks footprint in Infrastructure.It has Launched an 8.3km
 expressway project in Gurgaon and delivered Delhi's second Automated
 Car Parking in Connaught Place, New Delhi.
 
 -DLF sells hotel subsidiary as divested its entire shareholding in
 Adone Hotels and Hospitality Limited for Rs 567 crore.
 
 -DLF LTD seeks association in the latest upcoming trends in sports
 and games, the country's largest realty firm DLF has exited the five
 year long alliance as IPL sponsor. 
 
 -DLF LTD along with its three wholly-owned subsidiaries - i) DLF
 Cyber City Developers Ltd., ii) DLF Universal Ltd. and iii) Jawala
 Real Estate Pvt. Ltd. (‘Jawala’), have entered into an agreement with
 Lodha Developers Limited (‘Lodha’) for divesting the entire stake of
 the Company, DLF Cyber City Developers Ltd. and DLF Universal Ltd. in
 ‘Jawala’ for an enterprise value estimated to be Rs. 2700 crores.
 
 -DLF LTD promoter Pia Singh offloads 1.04-cr shares in DLF to other
 promoters.
 
 -DLF inks definitive agreement to sell Amanresorts for 0 mn.
Source : Dion Global Solutions Limited
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