Oppenheimer sells one crore DLF shares

Written by PTI | New Delhi | Updated: May 8 2014, 03:58am hrs
Foreign fund Oppenheimer has sold one crore shares, representing 0.56 per cent stake, in realty major DLF in an open market transactions.

In a filing to the BSE Sensex, DLF said that OppenheimerFunds Inc, registered as an FII in India, sold one crore shares on May 5 through open market.

At the closing price of Rs 139 on May 5, the shares would be worth about Rs 139 crore.

Post this transaction, OppenheimerFunds stake in DLF has come down to 2.91 per cent from 3.47 per cent, the filing added.

The shares of DLF, the country's largest realty firm, fell by 0.14 per cent at Rs 140.20 apiece on BSE.

Promoters have 74.93 per cent stake in DLF.