DLF Limited has provided updated clarification regarding the Supreme Court proceedings concerning its Gurgaon-based project 'The Primus', confirming that the court has scheduled an inquiry for February 25, 2026. The company has addressed media reports while providing comprehensive details about the ongoing legal matter.

Supreme Court Inquiry Scheduled

The Supreme Court has directed a formal inquiry into the DLF Home Developers case, with proceedings specifically set for February 25, 2026. The company emphasized that the matter is presently sub judice before the Supreme Court, with no definitive judgment passed yet. DLF clarified that the court has expressly stated that "no definitive opinion has been expressed by us against or in favour of any person/authority in praesenti".

Project Delivery and Compliance

DLF Home Developers provided possession of 624 apartments with water and electricity in 2017, ensuring full compliance with regulatory requirements. The company stated that all apartments were delivered with requisite amenities at the time of possession offer, in accordance with Occupancy Certificate terms. The project was developed by DLF Home Developers Limited (DHDL), a wholly owned subsidiary of DLF Limited.

Legal Background and Consumer Complaints

The legal matter originated from consumer complaints filed by 5 allottees out of the total 624 apartments in 'The Primus' project. These complaints were initially adjudicated by the National Consumer Disputes Redressal Commission (NCDRC), which passed its judgment on May 29, 2023. Both the complainants and DHDL have subsequently filed appeals in the Supreme Court against the NCDRC order.

Company's Position and Regulatory Compliance

In its regulatory filing under Regulation 30 of SEBI Listing Regulations, DLF maintained that it has acted in full compliance with all applicable laws, approvals, and regulatory requirements. The company reiterated its commitment to highest standards of corporate governance and transparency, stating it will continue making requisite disclosures under SEBI Listing Regulations. DLF emphasized that no final order has been passed that would have material impact on the company's business operations.

DLF Ltd. witnessed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional transaction in the real estate sector. The large-volume trade reflects continued investor interest in one of India's leading real estate development companies.

Block Trade Details

The latest transaction involved substantial share movement with specific pricing parameters that indicate institutional participation.

Market Significance

Block trades typically represent large institutional transactions executed outside regular market hours or through special trading mechanisms. These transactions often involve:

• Institutional investors repositioning their portfolios
• High-net-worth individuals making significant investments
• Strategic investors entering or exiting positions
• Fund managers executing large orders without impacting market prices

The execution price of Rs. 565.95 per share provides insight into the valuation at which institutional participants were willing to transact in DLF shares. Such block trades are significant indicators of institutional sentiment and can reflect confidence in the company's prospects or strategic portfolio adjustments by large investors.

Transaction Context

The Rs. 64.62 crore transaction represents a substantial single-day institutional activity in DLF shares. Block trades of this magnitude typically require careful execution to minimize market impact and are often facilitated through specialized trading mechanisms provided by stock exchanges.

This transaction adds to the overall trading activity in DLF shares and demonstrates the continued liquidity and institutional interest in the real estate sector, particularly in established players with significant market presence.