DLF Ltd signs exclusive term sheet with Everstone Group for a ₹3,750 crore JV investment in IREO India Companies
- DLF intends to invest approximately ₹3,750 crore for a majority stake in the JV.
- The JV plans to acquire at least 20% of IREO, representing an aggregate economic interest of approximately 40%.
- Completion is subject to due diligence, approvals and definitive documents; closing is expected in 2027.