IL&FS Transportation Networks has received an approval for the allotment of 1,000 Secured Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 aggregating to Rs 100 crore on a private placement basis. The Committee of Directors has approved the same on February 01, 2018.
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.
