IL&FS Transportation Networks is planning to divest its stake in certain road projects for easing the liquidity concerns. The Board of Directors of the company at its meeting held on October 25, 2018, considered the same. The Board has decided to seek assistance from the Financial and Transaction Advisors appointed by IL&FS for the process.
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.
Company Name | CMP |
---|---|
Larsen & Toubro | 3263.00 |
Rail Vikas Nigam | 253.20 |
KEC International | 720.35 |
Kalpataru Projects | 1166.05 |
NCC | 238.55 |
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