IL&FS Transportation Networks is planning to raise upto Rs 1,000 crore to augment its long-term resources. The company would seek shareholders’ approval for the same in the ensuing annual general meeting, which is scheduled for August 26, 2015.
IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.
