It additionally appointed Ashok Tyagi and Devinder Singh as the brand new CEOs of the corporate.
DLF had posted a internet lack of Rs 1,857.76 crore within the year-ago interval.
Whole revenue rose to Rs 1,906.59 crore within the fourth quarter of 2020-21 from Rs 1,873.80 crore earlier, in response to a regulatory submitting.
For the whole 2020-21 monetary 12 months, DLF posted a internet revenue of Rs 1,093.61 crore as in opposition to a internet lack of Rs 583.19 crore in FY20.
Whole revenue fell to Rs 5,944.89 crore final fiscal from Rs 6,888.14 within the 2019-20 monetary 12 months.
DLF’s board has entrusted extra tasks upon Ashok Kumar Tyagi and Devinder Singh, each of whom are whole-time administrators, by re-designating them as chief govt officers and whole-time administrators of the corporate with quick impact, it mentioned.
The board has additionally “co-opted Savitri Devi Singh and Anushka Singh as extra administrators of the corporate with quick impact, topic to the approval of shareholders.”
Each Savitri Devi Singh and Anushka Singh are daughters of DLF Chairman Rajiv Singh.