DLF LIMITED — Capital/Financing Update 2019

Mar 28, 2019

DLF Limited DLF Gateway Tower, R Block, DLF City Phase – III, Gurugram – 122 002, Haryana (India) Tel. : (+91-124) 4396000

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March 28, 2019

The General ManagerDept. of Corporate ServicesBSE LimitedP.J. Tower, Dalal Street,Mumbai–400 001	The Vice-PresidentNational Stock Exchange of IndiaLimitedExchange Plaza, Bandra Kurla Complex,Bandra(E), Mumbai–400 051

Dear Sir/Madam,

Re: Qualified Institutions Placement of equity shares of face value of ₹ 2 each by DLF Limited (the “Company”) under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI Regulations”), and Section 42 and other applicable provisions of the Companies Act, 2013 (including the rules made thereunder) (the “QIP”)

Further to our letter dated 25[th] March 2019 on the captioned subject, inter-alia, informing you that the QIP was opened on 25[th] March 2019.

We wish to inform you that in respect of the QIP, the Securities Issuance Committee has, at its meeting held today i.e. 28[th] March 2019, inter-alia , passed the following resolutions:

• (i) declaring the closure of the QIP today (i.e. 28[th] March 2019) pursuant to the receipt of applications from eligible qualified institutional buyers in accordance with the terms of the QIP;

• (ii) determining and approving the issue price of ₹ 183.40 per Equity Share (including a share premium of ₹ 181.40 per Equity Share), which includes a discount of 4.98% (i.e. ₹ 9.61 per Equity Share), to the floor price of ₹ 193.01 per Equity Share, calculated in accordance with the formula prescribed under Regulation 176(1) of the SEBI Regulations;

• (iii) approving issuance of confirmation of allocation notes to successful bidders in the QIP; and

• (iv) approving issuance of refund intimation letter to the bidders who are entitled to receive the refund amount, if any.

The meeting of the Securities Issuance Committee commenced at 17.00 Hrs. and concluded at 17.30 Hrs.

We request you to take the above information on the record, and the same be treated as compliance with Regulation 30 and other applicable regulation(s) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Yours faithfully, for DLF Limited

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Subhash Setia Company Secretary

For Stock Exchange’s clarifications, please contact:1. Mr. Subhash Setia - 09873718989/setia-subhash@dlf.in 2. Mr. Raju Paul - 09999333687/paul-raju@dlf.in

Regd. Office : DLF Shopping Mall, 3[rd] Floor, Arjun Marg, DLF City, Phase-I, Gurgaon-122 002, India CIN: L70101HR1963PLC002484; Website: www.dlf.in