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

‘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 ....

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IL&FS completes transfer of two more Road SPVs to Invit at Enterprise Value (EV) of Rs 979 cr

Hazaribagh Ranchi Expressway Limited (HREL) and Thiruvananthapuram Road Development Company Limited (TRDCL) both transferred to Roadstar Infra Investment Trust ('InvIT') at Enterprise value of Rs 979 crore.Senior Secured lenders of the both the . ....

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IL&FS transfers two highway SPVs to Roadstar InvIT for Rs 979 cr

The Board had approved the transfer of these two assets under InvIT earlier this month. ....

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IL&FS completes transfer of two more Road SPVs to InvIT at enterprise value of Rs979 crore

Hazaribagh Ranchi Expressway Limited (HREL) and Thiruvananthapuram Road Development Company Limited (TRDCL) both transferred to Roadstar Infra Investment Trust ( InvIT ) at Enterprise value of Rs 979 crore. ....

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IL&FS resolves Rs 55,000 cr debt till March-end, chairman Uday Kotak's term ends

IL&FS stated that its headquarters at BKC, Mumbai has been sold to Brookfield for Rs 1,080 crore.

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