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CHENANI NASHRI TUNNELWAY
CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
IL&FS repays ₹48,463 crore, achieves nearly 80% of its debt resolution targetDebt-laden IL&FS has repaid ₹48,463 crore to lenders as of September 2025, nearing its ₹61,000-crore debt resolution target. This marks a s...
IL&FS resolution at end of the tunnel for Chenani-NashriCreditors, led by State Bank of India, are poised to receive over ₹5,500 crore this month as the debt resolution of Chenani Nashri Tunnelwa...
BSE shares jump nearly 2% after Goldman Sachs buys shares worth Rs 401 crBSE share price: Goldman Sachs, based in the US, through its subsidiary Goldman Sachs (Singapore), acquired 7.28 lakh shares of BSE Ltd, as...
HFCL shares in focus on securing Rs 2,500 cr advance work order from BSNLHFCL share price: HFCL has become the first company to enter into an agreement with BSNL as the Project Implementation Agency (PIA) for the...
NCLT approves Rs 6,000 crore sale of Chenani Nashri Tunnelway to Cube HighwaysThe National Company Law Tribunal has cleared the sale of Chenani Nashri Tunnelway, owned by IL&FS, to Cube Highways for ₹6,000 crore. This...
Edelweiss Alternatives sells CNTL loan to ACRECNTL, wholly owned by IL&FS Transportation Networks (ITNL), is likely to be resolved through transfer to an InvIT structure as part of its ...
IL&FS pays Rs 920 crore to secured creditors of CNTLAfter Cube Highways' proposed deal for CNTL fell through, IL&FS opted to resolve it through an InvIT. IL&FS did not extend the deadline of ...
IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditorsThe IL&FS Group has paid back Rs 29,000 crore to secured creditors, with an interim pay-out of Rs 920 crore for subsidiary Chenani Nashri T...
Lenders approve IL&FS' debt recast proposal for CNTLThe three-day voting opened on March 21 and saw the lenders favouring debt recast as it offers them 99 per cent of their money while unsecu...
Secured lenders reject IL&FS' Jammu tunnel debt recast planLast December, IL&FS proposed a debt recast for Chenani Nashri Tunnelway Ltd (CTNL), after a ₹3,900 crore deal to sell the special purpose ...
IndusInd Bank sells Rs 4,050 crore distressed retail and corporate loans to ARC in last nine monthsThe bank sold Rs 2,552 crore loans to Edelweiss ARC and Rs 1,500 crore to Omkara ARC in separate pools comprising retail and corporate loan...
Arcil offers 27% recovery to IndusInd Bank for ITNL promoted Chenani Nashri Tunnelway LtdEarly this month, Ares SSG Capital-backed asset reconstruction company, Assets Care and Reconstruction Enterprise (ACRE) acquired Federal B...
Federal Bank sells CNTL loan at 25% discountThe Kerala-based lender sold the loan after the road asset's owner, IL&FS Transportation Network (ITNL), failed to close a deal it signed a...
Federal Bank sells ITNL owned Chenani Nashri Tunnel debt to ACRE at 25% discountAn income of Rs 700 crore through annuity by the company was distributed to lenders early this year. IL&FS group companies have a total exp...
IL&FS receives Rs 693 crore as settlement claims from NHAIITNL, a subsidiary of IL&FS, on March 31st this year received settlement amount of Rs 673 crore for Kiratpur Ner Chowk Expressway Limited (...
IL&FS receives approval to sell Chenani Nashri Tunnel to Cube highways for Rs 3900 croreThe company will now seek approval from NCLT and NHAI to complete the sale. The proceeds of the sale will be distributed in accordance with...
Grant Thornton report: How ITNL led to fall of Infrastructure Leasing & Financial ServicesInfrastructure Leasing & Financial Services (IL&FS) defaulted on payments in September 2018, triggering a crisis in the shadow banking syst...
IL&FS road SPV lenders stare at huge haircutsLosses may be to the tune of Rs 4,500 crore as bid values are lower than loans advanced.
IL&FS receives bids of Rs 13,000 crore for 10 road assetsThe bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers in consultation with its advisors.