Category: Finance

Financial Closures

Loans & Grants

Asset Acquisition

IL&FS Engineering to pare debt after asset sale

IL&FS Engineering and Construction Company plans to redeem its optionally convertible redeemable preference shares and non-convertible shares and reduce debt by more than Rs 3 billion following the sale of its Bangalore Elevated Tollway (BETPL) to private equity firm KKR.

Other Developments