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Infrastructure Leasing and Financial Services Group will pay ₹32 bln to banks and debenture holders of IL&FS Financial Services Ltd as part of its interim distribution payout process, the company said in a press release. Of the total of ₹32 bln, about ₹22.5 bln will be paid to a combination of 28 state-owned, private and foreign banks, and 9.5 bln rupees to over 500 public debenture holders
The IL&FS Group has initiated its largest Interim Distribution pay-out till date in IL&FS Financial Services Limited (IFIN), an IL&FS Group company.
IL&FS has completed Interim Distribution pay-out for Rapid MetroRail Gurgaon South Limited, an IL&FS Group company.
IL&FS has completed Interim Distribution pay-out for Rapid MetroRail Gurgaon South Limited (RMGSL), an IL&FS Group company.The Group has paid a total of Rs 1,273 crore, of which Rs 1,252 crore has been paid to the secured financial ...
In its latest filing with NCLAT, the new IL&FS Board has said the Group has addressed approximately Rs 56,943 crore debt in its ongoing resolution efforts till September 30, up from Rs 55,000 crore debt updated in March this year