DLF Limited shareholders approved the company’s audited financial statements for the financial year ended March 31, 2026, along with a dividend declaration and the re-appointment of two directors, during its 61st Annual General Meeting (AGM) held on August 3, 2026. The meeting, chaired by Chairman Rajiv Singh, concluded with all five resolutions passing with requisite majorities, underscoring strong shareholder confidence in DLF’s performance, which saw new sales bookings reach ₹ 20,143 crore and a net profit of ₹ 4,408 crore in FY26.

The AGM was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) circulars permitting virtual assemblies. A total of 285 members attended the proceedings, which commenced at 12:30 P.M. IST and concluded at 1:43 P.M. IST. In his address, Chairman Rajiv Singh emphasized that the company is celebrating its 80th year since its founding in 1946. He reaffirmed DLF’s commitment to contributing to India’s economic growth and the goal of Viksit Bharat 2047, citing the government’s focus on infrastructure as a key driver for future urbanization opportunities.

Voting Results and Resolution Details

Company Secretaries Vineet K. Chaudhary and Deepak Kukreja served as Scrutinizers for the e-voting process facilitated by National Securities Depository Limited (NSDL). The remote e-voting period ran from July 30, 2026, at 9:30 A.M. IST to August 2, 2026, at 5:00 P.M. IST. All resolutions were passed with overwhelming support from both promoter and public shareholders.

Director Re-appointments and Governance

Shareholders addressed director retirements by rotation, approving the re-appointment of Ashok Kumar Tyagi (DIN: 00254161) and Pia Singh (DIN: 00067233). Notably, Pia Singh is an interested party in Resolution No. 4, as indicated in the scrutinizer’s report. The promoter group voted unanimously in favor of all resolutions, while public institutional and non-institutional shareholders also showed strong support, with favor percentages exceeding 97% across all items.

The meeting adhered to regulatory standards set by the Securities and Exchange Board of India (SEBI) Listing Regulations, 2015, specifically Regulation 30 and Regulation 44. Members ratified the remuneration payable to Sanjay Gupta & Associates, Cost Accountants (FRN: 000212), serving as the company’s Cost Auditors for the fiscal year ended March 31, 2026.

Financial Performance and Business Outlook

Chairman Rajiv Singh highlighted that DLF delivered a strong performance across both its development and annuity segments in Fiscal 2026. The company remains confident in achieving its business goals while maintaining a cautious approach toward macroeconomic developments. The leadership team attributed this success to the principles of trust, corporate governance, quality, and innovation that have guided the company for eight decades.

The high level of shareholder participation, with over 93% of outstanding shares polled, reflects significant investor engagement. The near-unanimous approval of the financial statements and dividend declaration signals confidence in DLF’s strategic direction and financial health as it enters its 81st year.

DLF Limited has re-appointed Sanjay Gupta & Associates as its Cost Auditors for the Financial Year 2026-27, ensuring continuity in regulatory compliance and financial oversight for the upcoming fiscal period. The decision was taken by the Board of Directors during a meeting held on August 3, 2026, following a formal recommendation from the company’s Audit Committee. This appointment underscores dlf 's commitment to maintaining rigorous cost accounting standards in line with statutory requirements.

The board meeting commenced at 14:00 hrs and concluded at 16:00 hrs on Monday, August 3, 2026. During the session, directors considered and approved the re-appointment based on the firm’s established track record and specialized expertise in cost auditing. The move aligns with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, updated on January 30, 2026.

Auditor Profile and Expertise

Sanjay Gupta & Associates, holding Firm Registration Number (FRN) 000212, is recognized as a leading Costing and Financial Consultancy/Audit Firm in India. The firm maintains offices in Delhi, Gurugram, Mumbai, and Bengaluru, providing extensive coverage across key business hubs. It specializes in a diverse range of services including Cost Audits, Management Audits, Regulatory Audits, Stock Audits, Indirect Taxation, Revenue Assurance Audits, Process Audits, Accounting Separation Audits, Internal Investigations, and System Development.

The firm serves clients across multiple sectors, including Power, Manufacturing, Real Estate and Construction, Telecom, Automobile, Oil & Gas, Chemicals, and other industries. Its role extends beyond compliance, acting as a Corporate Advisor to management to provide value-added insights.

Regulatory Disclosures

In accordance with SEBI regulations, DLF Limited has disclosed all requisite details regarding the appointment. The disclosure confirms that there are no relationships between the directors and the appointed cost auditors that would impact independence or objectivity. The term of appointment covers the entire Financial Year 2026-27, beginning from April 1, 2026.

What This Means for Stakeholders

The re-appointment of Sanjay Gupta & Associates ensures stability in DLF’s audit framework, which is critical for a real estate major undergoing significant development and operational scaling. Consistent auditor tenure allows for deeper institutional knowledge and more effective monitoring of cost structures across large-scale projects. For investors, this signals adherence to governance best practices and transparent financial reporting mechanisms required by Indian securities regulators. The absence of any change in audit leadership reduces transition risks and supports uninterrupted regulatory compliance for FY27.