IL&FS Transportation Networks has informed that Jorabat Shillong Expressway, a subsidiary of the Company has on January 17, 2020, entered into a Settlement Agreement with National Highways Authority of India (NHAI) for receiving a claim amount of Rs 252.15 Crores. The settlement was reached pursuant to the discussions held through the Conciliation Committee of Independent Experts appointed by NHAI.
The above information is a part of company’s filings submitted to BSE.