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IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of ₹2,000 cr - Vimarsana News

IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of ₹2,000 cr

Published: May 14, 2023

‘With this transfer, secured lenders of this asset will get full recovery of their dues under the Invit structure while the group lenders will be issued Invit units as settlements for their loans,’ IL&FS said

Source: livemint.com
Related Topics:
Moradabad Bareilly Expressway LimitedInfra Investment Trust InvitSikar Bikaner Highway LimitedHazaribagh Ranchi Expressway LimitedInfra Investment TrustIl FsPune Sholapur Road AssetRoadstar InvitIl Fs Debt Resolution StrategyIl Fs Board
IL&FS board plans to settle 60% of its debt by end of FY22 - Vimarsana News

IL&FS board plans to settle 60% of its debt by end of FY22

Published: April 16, 2021

In its quarterly update on the resolution process of the conglomerate, the board said debt worth ₹43,000 crore has been resolved, and the number of subsidiaries of the company has been slashed from 347 to 186

Source: livemint.com
Related Topics:
Il Fs BoardIl Fsநான் L ஃப்ஸ்