DLF cracks 11% after CBI raids offices

As per the allegations, there were glaring irregularities in acquisition of 1,417 acres land by the then Haryana government in Gurgaon in 2009.

By ETMarkets.com | Updated: Jan 25, 2019, 04.03 PM IST

CBI has registered a new case against former Haryana chief minister Bhupinder Singh Hooda and others over alleged irregularities in land allocation in Gurgaon in 2009.

NEW DELHI: Shares of realty major DLF cracked 11 per cent in Friday's session after CBI carried out searches at 20 locations in Delhi-NCR, including their offices, on Friday in connection with alleged irregularities in land allocation in Gurgaon in 2009.

CBI has registered a new case against former Haryana chief minister Bhupinder Singh Hooda and others over alleged irregularities in land allocation in Gurgaon in 2009 and carried out searches at 20 locations in Delhi-NCR on Friday, PTI reported.

As per the allegations, there were glaring irregularities in acquisition of 1,417 acres land by the then Haryana government in Gurgaon in 2009.

Shares of the company closed 11.50 per cent down at Rs 157.05 on BSE.

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