Infrastructure Leasing And Financial Services Limited

IL&FS group repays ₹48,463 cr to its lenders, reaches nearly 80% of target

Debt-ridden IL&FS group has repaid Rs 48,463 crore to its creditors as of September 2025, out of the total Rs 61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT. This is 7.02 per cent higher than Rs 45,281 crore repaid till March 2025. "As on September 30, 2025, the total debt discharged to creditors of the Respondent No 1 Group (IL&FS) aggregates to Rs 48,463 crore," said the status report affidavit filed by IL&FS. IL&FS has targeted to repay Rs 61,000 crore from the overall debt of Rs 99,355 crore. With the repayment of Rs 48,463 crore, about 80 per cent of the targeted Rs 61,000 crore debt resolution is complete. IL&FS is paring the debts through asset resolution, interim distribution which includes cash & InviT units, among others. Out of the total Rs 48,463 crore, debt resolved (by IL&FS group) through monetisation/ termination/ transfer of assets to InvIT aggregates to Rs 25,893 crore,

IL&FS group resolves ₹45,281 cr debt to its lenders as of March 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024. "As of March 21, 2025, a debt of Rs 45,281 crore has been resolved, out of the debt resolution target of Rs 61,000 crore, as a result of the resolution of 197 entities out of 302 entities having been concluded," said IL&FS. Now, only 105 entities remain to be resolved, out of which moratorium protection is now only required to be continued for 57 entities. "Basis current estimates, the new board expects the overall recovery to be approximately Rs 61,000 crores, which is 61 per cent of the overall debt as of October 2018," said the latest IL&FS affidavit. As per .

IL&FS board addresses nearly Rs 32,000 crore of debt by December

Last year, in June, the board of IL&FS laid down a road map to resolve 57 per cent of the group's nearly Rs 1 trillion debt pile

IL&FS case: Sebi fines ICRA, CARE Rs 2.5 mln each for poor due diligence

Markets regulator Sebi on Thursday imposed a penalty of Rs 25 lakh each on rating agencies ICRA and CARE for failing to exercise "due diligence" while assigning credit rating to the non-convertible debentures of IL&FS. Sebi also said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of these rating agencies. The case relates to the default committed by IL&FS and its subsidiary IL&FS Financial Services on their obligations in respect of the commercial paper, inter-corporate deposits (ICDs), as well as on interest payments related to the non-convertible debentures (NCDs). The regulator undertook an examination with respect to the role of the credit rating agencies (CRAs), including CARE Ratings Ltd and ICRA Ltd, in assigning rating to various NCDs of Infrastructure Leasing and Financial Services (IL&FS). According to Sebi, IL&FS and its group companies' financial parameters, especially short-term borrowings, ...

Banks debited Rs 758 crore from IL&FS accounts despite NCLAT order

MCA names SBI, HDFC Bank, PNB, ICICI Bank among others, says they violated appellate tribunal moratorium

A shadow looms: India needs to stop the IL&FS rot from spreading

Regulators should bail out the shadow lender, then make sure the contagion is curbed