An IL&FS spokesperson confirmed that lenders have approved the restructuring of its Rs 1,269 crore aggregate debt. BAEL was granted a 20-ye...

IL&FS Transportation Networks Ltd secured approval to issue units of the Roadstar Infra Investment Trust, aiming to list by December. Road ...

IL&FS had plans to transfer around a dozen road assets to the InvIT, Roadstar Infra Investment Trust (RIIT). While it has already transferr...

Currently, there are three contenders vying to acquire this debt, including Prudent ARC and Asset Reconstruction Company India (ARCIL) othe...

Under the resolution framework, the company management had approved the transfer of four road assets (BKEL, BAEL, JIICL, and JRPICL) to the...

The lenders see value in selling the assets while ITNL wants a resolution by transferring the asset to its infrastructure investment trust ...

With this approval, six road projects -- Barwa Adda Expressway Ltd, Baleshwar Kharagpur Expressway Ltd, Sikar Bikaner Highway Ltd, East Hyd...

The group is expected to start the process of setting up a sponsor company for the InvIT under its subsidiary IL&FS Transportation Networks...

Facing delays in finalising bidder due to COVID-19, cash-strapped IL&FS Group is looking at including one more road project - Pune Sholapur...

SBI, PNB, HDFC, Yes Bank among lenders that may face action for unauthorised withdrawals of about Rs 800 cr.

IL&FS Transportation today said it has signed a pact with NHAI for Rs 1,665 crore road project in Jharkhand and West Bengal.