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IL&FS Transportation & Network informs about company updates

08 May 2017 Evaluate

IL&FS Transportation & Network has informed that, Jharkhand Road Projects Implementation Company, a subsidiary of the Company has re-financed its Debt of Rs 1,730 Crores availed for development 5 Road stretches in the State of Jharkhand by issue of Non-Convertible Debentures at a weighted average coupon of 9.45% per annum resulting in reduction of interest cost by approximately 205 basis points.

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

Peers
Company Name CMP
Larsen & Toubro 4185.30
Kalpataru Projects 1367.75
NCC 130.90
Rail Vikas Nigam 201.60
KEC International 333.70
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