IL&FS Transportation Networks to raise Rs 425 crore on private placement basis

31 Mar 2016

IL&FS Transportation Networks has received an approval for allotment of 4,250 Rated, Listed, Redeemable, Non-Convertible Debentures of the face value of Rs 10,00,000 aggregating to Rs 425 crore on a private placement basis. The Committee of Directors of the company at its meeting on March 30, 2016 has approved for the same.

IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The Company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private partnership on build-operate-transfer (BOT) basis. It is a market leader in the Transport Infrastructure Sector with presence also in Metro Rail, City Bus Services and Border Check-posts.



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IL&FS Trans &Network Share Price

2.38 0.08 (3.48%) May 18, 18:01
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Company Name CMP
Larsen & Toubro 1417.65
Rail Vikas Nigam 29.30
KEC International 400.05
NCC 80.30
PNC Infratech 237.25
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SEBI Registered: Investment Adviser - INA000013323

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