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DLF > Company History > Construction & Contracting - Real Estate > Company History of DLF - BSE: 532868, NSE: DLF

DLF

BSE: 532868  |  NSE: DLF  |  ISIN: INE271C01023  |  Construction & Contracting - Real Estate

Company History - DLF
YEAR                                                                  
              EVENTS
 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.
 
 2007
 
 -The US-based Hilton Hotels Corporation has declared that it will
 develop 10 hotel projects in the country in alliance with DLF Ltd.
 
 Our business was founded by the late Mr. Raghvendra Singh and our
 Promoter, Mr. K P Singh. 
 Our business has a history of over 6 decades, commencing with the
 incorporation of Raisina Cold 
 Storage and Ice Company Private Limited on 16.03.1946 and Delhi Land
 and Finance Private 
 Limited on 18.09.1946. Since the inception of our Company, Mr. K P
 Singh has been the promoter 
 of the Company.
 
 Pursuant to the order of the Delhi High Court dated 26.10.1970, Delhi
 Land and Finance Private 
 Limited and Raisina Cold Storage and Ice Company Private Limited
 along with another group 
 company, DLF Housing and Construction Private Limited, merged with
 DLF United Private Limited 
 with effect from 30.09.1970.
 
 Thereafter, DLF United Limited merged with our Company, then known as
 American Universal Electric 
 (India) Limited, with effect from 1.10.1978, under a scheme of
 amalgamation sanctioned by the Delhi 
 High Court and the Punjab and Haryana High Court.The merged entity
 was renamed as 'DLF Universal 
 Electric Limited' with effect from 18.06.1980.
 
 Key events and milestones
 
 Year     Key events, milestones and achievements
 
 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
 
 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 publication 
                of 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.
Source : Religare Technova

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