MoneyWorks4Me

IL&FS Engineering and Construction Company reply to clarification sought by the exchange

01 Sep 2015 Evaluate

The Exchange had sought clarification from IL&FS Engineering and Construction Company with respect to news appearing in Financial Chronicle on August 28, 2015 titled ‘IL&FS to exit BOT projects, eyes 30% turnover growth.’ IL&FS Engineering and Construction Company replied stating that as per the Company’s philosophy of sustained corporate growth and long-term benefits for stakeholders, strives to enhance stakeholders value through various means. This may include reduction of debt through various options including, if necessary, by sale of some of its investments. They wish to reiterate that this is a continuous exercise and, as and when any such transaction materializes, they shall make appropriate announcement through the Stock Exchanges in the terms of Clause 36 of the Listing Agreement.

The above information is a part of company’s filings submitted to BSE.

IL&FS Engg. & Const. Share Price

36.80 -1.14 (-3.00%)
26-Aug-2026 14:55 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4062.30
Kalpataru Projects 1390.30
Rail Vikas Nigam 221.35
KEC International 430.70
NCC 147.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: