IL&FS
Holding Companies & Conglomerates · India · 201-500 Employees
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Overview
Headquarters
bandra kurla complex Bandra East, Mumbai...Phone Number
+91 8040343333Website
www.ilfsifin.inRevenue
$84.1 MillionIndustry
ZI Rank: 3
Signal Type
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ZI Rank
2
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About IL&FS
IL&FS, headquartered in Mumbai, India, is a non-banking financial company specializing in developing infrastructure and financial solutions to catalyze India's growth through partnerships and innovation.Explore more
Popular SearchesIL&FS LtdIL&FS Financial Services LtdIL&FS Financial Service LtdSIC Code 61,615NAICS Code 52,522Show moreIL&FS Org Chart
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IL&FS is experiencing very low activity levels compared to other companies in the Holding Companies & Conglomerates sector.
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IL&FS is drawing exceptional interest within the Holding Companies & Conglomerates industry, suggesting notable developments or strong market momentum, learn more about IL&FS.
IL&FS Tech Stack
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IL&FS News & Media
IL&FS' stake sale in IPRWL to IndianOil Adani hits IOC hurdle - The Economic Times
This is the second time the sale of this distressed asset has encountered obstacles, following a Morgan Stanley-run fund's withdrawal from a deal to purchase it a year ago.IL&FS to re-launch stake sale process of ITPCL amid restructuring efforts
IL&FS will restart the stake sale process of ITPCL (IL&FS Tamil Nadu Power Co) alongside its ongoing restructuring efforts, with the new IL&FS board seeking to finalise a financial transaction advisor to facilitate the process. At present, ITPCL is restructuring its debt under the prudential framework for resolution of stressed assets guidelines of June 7, 2019 of RBI for which it has obtained a CRISIL RP-4 rating, with sustainable debt amounting to Rs 4,250 crore.CBI files case against IL&FS unit for allegedly cheating 19 banks to the tune of Rs 6524 cr
Some of the banks that the company allegedly cheated reportedly include PNB, Canara Bank, Bank of India, SBI, Axis Bank, Yes Bank, among othersIL&FS transfers Pune Sholapur Road asset to Invit at value of Rs 2,000 cr
IL&FS has completed transfer of its fifth road asset - Pune Sholapur Road Development Company Limited (PSRDCL) - to Roadstar Infra Investment Trust (Invit) as part its debt resolution strategy. 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 in a statement. The four road assets that have already
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IL&FS, headquartered in Mumbai, India, is a non-banking financial company specializing in developing infrastructure and financial solutions to catalyze India's growth through partnerships and innovation.... Read More
