IL&FS Transportation Networks has defaulted in payment of interest due of Rs 5.79 crore on non-convertible debentures (NCDs) because of insufficient funds. The period for which the interest was due on NCDs is from March 04, 2019 to September 03, 2019 (184 days).
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.
Your portfolio may have substantial downside risks!
Review your portfolio with MoneyWorks4me and get it future ready. Let us not miss our hard earned gains. Book your Free demo to discuss with our Experts.