IL&FS Transportation Networks has defaulted in payment of the interest worth Rs 2.28 crore on two non-convertible debentures (NCDs), because of insufficient funds. The interest payment on both NCDs were due on November 26, 2018. IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, ... Read More »
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IL&FS Transportation Networks misses Rs 7.24 crore interest repayments on NCDs
IL&FS Transportation Networks has defaulted in payment of the interest amount of Rs 7,24,65,753 on non-convertible debentures (NCDs), due between May 21, 2018 and November 20, 2018 (184 days), because of insufficient funds. IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and ... Read More »