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IL&FS Transportation’s arm receives approval for initiation voluntary insolvency proceedings

28 Jan 2019 Evaluate

IL&FS Transportation Networks’ material subsidiary -- Elsamex SAU, Spain has received approval from Board of Directors for initiation of voluntary insolvency proceedings in Spain. The board has conducted a detailed analysis of the evolution of Elsamex, the financial risks, the lack of liquidity to meet the due dates and the latest court resolutions

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.

IL&FS Trans &Network Share Price

2.49 0.11 (4.62%)
07-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4022.50
Rail Vikas Nigam 308.70
NCC 170.00
KEC International 612.20
Kalpataru Projects 1307.05
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