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JORABAT SHILLONG EXPRESSWAY
IL&FS Transportation sells entire equity in Jorabat-Shillong Expressway for Rs 1,343 crIL&FS Transportation Networks announced on Thursday that it has successfully divested its entire equity stake in Jorabat Shillong Expresswa...- IL&FS Transportation to sell Jorabat Shillong Expressway to Sekura Roads for Rs 1,343 crIL&FS Transportation Networks is set to sell its subsidiary Jorabat Shillong Expressway to Sekura Roads for Rs 1,343 crore. The proceeds fr...
- 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 Group gets approval to sell Jorabat Shillong ExpresswayIL&FS in a statement said Sekura had bid Rs 916 crore for the 100 per cent stake in Jorabat Shillong Expressway (JSEL). JSEL is a wholly-ow...
- Lenders give nod to sale of IL&FS’ three road projectsIL&FS confirmed that it had received lenders’ approval for sale of these projects.
- Sekura Roads highest bidder for two IL&FS road projectsThe committee of creditors will vote on these H1 bids in the coming week.
- Creditors raise objections, block resolution of 5 IL&FS road assetsAn affidavit by the board said that “of the five ITNL sale SPVs, voting had commenced for four SPVs. On account of concerns raised by the C...
- Singapore & Italy based companies bid highest for IL&FS’ two road assetsEmail queries sent to Cube Highways and Autostrade remained unanswered till as of press time. IL&FS declined to comment on the matter. The ...
- Edelweiss is top bidder for 3 IL&FS road assetsTwo of the three projects are amber companies and a resolution framework is not yet accepted for amber companies by the court.
- 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.
- I Squared Cap, NIIF among 14 bidders for IL&FS road assetsEdelweiss, Cube Highways also make offers for Rs 20,000-crore assets spread across seven states.
- IL&FS gets 19 bids for road assetsThe process for inviting binding bids for the road assets was launched through a public advertisement inviting expressions of interest.
- Debt trap: UTI debt mutual funds continue to bleed from IL&FS blowNet asset value of fund falls 6.7% after another markdown of investments in NCDs of IL&FS unit
- Why mutual funds marked down investments in IL&FS SPVMutual funds have holdings in three SPVs of IL&FS — Jharkhand Road Projects, Hazaribagh Ranchi Expressway Limited, and Jorabat Shillong Exp...
- After birla and HDFC MFs, UTI marks down IL&FS SPVs’ debtThe value of various debt schemes of UTI Mutual Fund fell as much as 2.22% on Tuesday.
- Two mutual funds mark down IL&FS SPV debtMove against cash-rich SPVs follows parent’s step to seek moratorium on loan repayments.
- IL&FS effect: Icra downgrades 6 funds from HDFC, UTI, Birla AMCSchemes being put under watch include a short term debt fund and banking & PSU debt fund.
- Ramky infra sells NAM Expressway to Cube Highways for Rs 1,669 CroreRamky Infratech has on Friday announced signing a share purchase agreement with Cube Highways, formed by the International Finance Corporat...
- IL&FS Transportation arm re-finances Rs 883 crore debt via NCDsShares of IL&FS Transportation Networks Ltd were trading 1.06% lower at Rs 102.60 on BSE
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