A meeting of the Audit Committee of DLF is to be held on August 25, to consider and review the status of the proposed sale of Compulsorily-Convertible Preference Shares (CCPS) held by CCPS holders to a GIC affiliate including the key terms and conditions and make appropriate recommendations to the Board. The Board will consider the recommendations and take appropriate decisions. Shares of DLF advanced 6 per cent with good volume to close at ₹186 on Wednesday.