DLF signed a binding term sheet with Everstone to invest about Rs 3,750 crore in a venture buying into the IREO India companies.

Company news · Finvezto · 6 Nov 2026 · DLF (DLF)

What happened

DLF Limited entered into a binding term sheet on November 6, 2026, to form a joint venture with Everstone Group to invest in IREO India Companies, with DLF intending to invest approximately Rs 3,750 crore for a majority stake. Source: NSE filing

The proposed joint venture plans to acquire at least a 20% stake and hold an aggregate economic interest of approximately 40% in the IREO India Companies, with closing expected during 2027. Source: NSE filing

Key numbers

• DLF proposed investment in JV: ₹3,750 Cr

Why it matters

Anand Ganapathy K: The venture is to take at least 20% of the IREO companies, for an aggregate economic interest of about 40%. Closing is expected in 2027. Source: Stock note

Links

NSE filing (PDF) · Company page

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.