Crisis-hit Infrastructure Leasing & Financial Services (IL&FS) says the group has addressed a debt worth about Rs32,000 crore as of date.
In a statement, IL&FS says, "The aggregate debt of Rs32,000 crore addressed comprises around Rs21,600 crore of debt addressed basis cash...
IL&FS Solar Power Limited (ISPL), an IL&FS Group company, has paid its entire debt amounting to nearly Rs 845 crore across all its creditors, including financial and operational debt, tax and statutory dues, without any preference to any creditor or class of creditors.
ISPL had...
After receiving a binding offer, crisis-hit Infrastructure Leasing & Financial Services (IL&FS) has invited more expressions of interest (EoIs) for the sale of energy advisory business of IL&FS Energy Development Co Ltd (IEDCL). IL&FS and IL&FS group jointly hold 95.54% shares in...
Vineet Nayyar has resigned as executive vice chairman of Infrastructure Leasing & Financial Services (IL&FS) on medical grounds. CS Rajan, managing director (MD) of IL&FS will take over the responsibilities of Mr Nayyar, the group says in a release.
The matter was discussed in...
Market regulator Securities and Exchange Board of India (SEBI) has increased its penalty to Rs1 crore each on India Ratings and Research Pvt Ltd, Care Ratings and ICRA Ltd for default committed in rating Infrastructure Leasing & Financial Services (IL&FS) and its subsidiary company IL&FS...
