Realty firm DLF’s rental arm DCCDL has bought 26.43 per cent stake in Suncloud Solar for Rs 8.41 crore.
DLF holds 67 per cent stake in DLF Cyber City Developers Ltd (DCCDL), while Singapore sovereign wealth fund GIC has the remaining 33.33 per cent stake. DCCDL holds bulk of the office buildings and shopping malls of DLF group.
According to a regulatory filing on Thursday, DCCDL, through one of its wholly-owned subsidiaries DLF Info City Chennai Ltd, has agreed to acquire around 26.43 per cent shares of Suncloud Solar Pvt Ltd by way of cash consideration of Rs 8.41 crore.
