IL&FS group
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July 04, 2022, Monday
IL&FS approves Siva Shelters's proposal to restructure loan to subsidiary
Siva Shelters offers to pay 20% of settlement amount immediately on signing of agreement
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March 30, 2022, Wednesday
IL&FS recovery likely to be Rs 61,000 crore, 62% of total debt
The resolution process of IL&FS started three and half years ago after a new management was appointed by the government
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February 14, 2022, Monday
IL&FS group to resolve debt of Rs 55,000 crore by March 2022
IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit ...
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February 04, 2022, Friday
IL&FS sells its 35% stake in WCBTRL, resolves Rs 324 cr group debt
IL&FS Group on Friday said it has completed the sale of its 35 per cent stake in Warora Chandrapur Ballarpur Toll Road Limited ...
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November 02, 2021, Tuesday
IL&FS group expects to resolve extra Rs 4,800 crore debt by March 22
If this happens, it would have resolved amounts close to Rs 57,000 by then; lenders' write-off pegged 38-39%
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April 07, 2021, Wednesday
IL&FS sells environment arm to Eversource; pares total debt by Rs 1,200 cr
Transfers 4,000 employees, including consultants, to new promoter; saves Rs 50 cr a year in the process
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April 01, 2021, Thursday
Debt-laden IL&FS announces completion of 49% stake sale in China road asset
Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Thursday announced completion of 49 per cent stake sale in ...
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January 07, 2021, Thursday
ISPL repays debt amounting to nearly Rs 845 cr after EEPL clears dues
The repayments by IL&FS Solar also cover tax and statutory dues
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November 19, 2020, Thursday
IL&FS Fin Services to auction Rs 5,000 cr external corporate loan book
Process of inviting bids to start next week for sale in cash; loans to over 70 companies have turned bad
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July 20, 2020, Monday
IL&FS expects to address over Rs 50,000 cr of its debt by March 2021
The group has shared its estimates of debt to be addressed over the next three quarters