DLF's group chief financial officer resigns

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Ashok Kumar Tyagi, managing director, DLF, who has the overall responsibility for all corporate functions, including finance, will now have oversight of the group finance, IT, and secretarial functions.

DLF


NEW DELHI: Vivek Anand, group chief financial officer, has decided to move on from DLF to pursue other career avenues, the company informed in a BSE filing.

His resignation letter has been accepted by the audit committee and he will continue in his role until February 29, 2024.

Ashok Kumar Tyagi, managing director, DLF, who has the overall responsibility for all corporate functions, including finance, will now have oversight of the group finance, IT, and secretarial functions in addition to his current responsibilities as managing director.

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Frequently Asked Questions

Ans 1. Delhi Land & Finance (DLF Limited) is a commercial real estate development company. It was founded by Chaudhary Raghvendra Singh in 1946 and it is based in New Delhi, India.

Ans 2. Kushal Pal SinghKushal Pal Singh (born 15 August 1931) is an Indian billionaire real estate developer, and the chairman and CEO of real estate developer DLF Limited, founded by his father-in-law Chaudhary Raghvender Singh.

Ans 3. Haryana

Ans 4. In financial year 2021, the Delhi Land & Finance (DLF) Limited reported total assets worth nearly 550 billion Indian rupees. The asset value of the company decreased for the second consecutive year.

Ans 5. It may not have been launching many projects lately, but it has 'latent capacity', observers say. Sanjay Sharma, managing director, Qubrex, a real estate consultancy, says in DLF City, Gurgaon, the realtor has about 3,000 acres of land, while other developers own much less.