ILFS Group

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ILFS Group

ILFS Group

@ILFSGroup

IL&FS, defaulted in 2018 with~₹1L Cr debt, got MCA apptd new Public Interest Board, has since discharged ₹ 48K cr debt, maintaining ₹ 61K cr resolution target.

Mumbai Katılım Eylül 2018
5 Takip Edilen446 Takipçiler
ILFS Group
ILFS Group@ILFSGroup·
IL&FS initiates ₹5,000 crore payout as interim distribution. Payout comprises ₹3500 crore in InvIT units and ₹1500 crore in cash to eligible creditors. InvIT units being allotted at Enterprise Valuation of Rs 8500 crore. Media Release : ilfsindia.com/AdminIndia/ILF…
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ILFS Group
ILFS Group@ILFSGroup·
….His strategic vision, vast experience and innovative approach was instrumental in shaping the resolution process at IL&FS.  The new IL&FS Board expresses its heartfelt condolences to the family” 2/2
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ILFS Group
ILFS Group@ILFSGroup·
“We are deeply saddened to hear of the demise of Mr Vineet Nayyar - who spearheaded the IL&FS resolution first as its Managing Director and then as its Vice Chairman. He later Resigned from the Board, due to his health, in 2020.  1/2
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ILFS Group
ILFS Group@ILFSGroup·
Media Release - IL&FS Group discharges aggregate debt of Rs 35,650 crore across Group Companies. Aggregate payout by way of interim distribution at Rs 10,000 crore ilfsindia.com/AdminIndia/ILF…
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ILFS Group
ILFS Group@ILFSGroup·
IL&FS completes Interim Distribution of Rs 920 crore in CNTL, final Distribution of Rs 919 crore in KSEL. Aggregate debt resolved, with these payouts stands at approx ₹29000 crore. Media Release : ilfsindia.com/press-release.…
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ILFS Group retweetledi
Uday Kotak
Uday Kotak@udaykotak·
IL&FS. Good to see continued progress on returning creditors’ money. We may recollect it’s default against total debt of ~1 lakh crores across 347 companies in September 2018 was considered a systemic risk and ‘India’s Lehman moment’. m.economictimes.com/industry/banki…
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ILFS Group
ILFS Group@ILFSGroup·
IL&FS completes second payout under Interim Distribution. Total of Rs 1908 crore paid, in interim basis, till date to creditors. RMGL and RMGSL two companies that complete interim distribution payout: Media Release: ilfsindia.com/pdf/Final-RMGS…
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ILFS Group
ILFS Group@ILFSGroup·
IL&FS files Resolution Status update with #NCLAT - as of September 30, 2022:
ILFS Group tweet media
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ILFS Group
ILFS Group@ILFSGroup·
IL&FS commences payout under Interim Distribution Framework. RMGL secured creditors, largely PSU Banks, get Rs 623.38 crore, 83 per cent of total claims. Additional amount to Unsecured creditors under process - Media Release ilfsindia.com/pdf/First-Inte…
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