ILFS Group
@ILFSGroup
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IL&FS, defaulted in 2018 with~₹1L Cr debt, got MCA apptd new Public Interest Board, has since discharged ₹ 48K cr debt, maintaining ₹ 61K cr resolution target.
Mumbai
Joined September 2018
IL&FS updates Resolution Progress as of September 30, 2025. Total Debt Discharged crosses Rs 48,463 crore with 202 entities (of the 302) fully resolved . #resolution #Progress #DebtDischarged #NewBoard
https://t.co/fvq3ssUcV3
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Another Milestone achieved in IL&FS resolution as it completes transfer of CNTL to Cube for aggregate value of Rs 6145 crore - One of the biggest asset to be resolved under IL&FS resolution #resolution #ILFS #Progress #Debt #AssetTransfer
https://t.co/6IHbfXDHOB
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IL&FS lists its InvIT on @NSEIndia - after concluding allotment of units at an enterprise valuation of Rs 8,592 crore to creditors. https://t.co/Now8HjDuO3
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IL&FS initiates ₹5,000 crore payout as interim distribution. Payout comprises ₹3500 crore in InvIT units and ₹1500 crore in cash to eligible creditors. InvIT units being allotted at Enterprise Valuation of Rs 8500 crore. Media Release : https://t.co/qYleDwl5Nn
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Statement from Noida Toll Bridge (NTBCL) with reference to Supreme Court Judgement pronounced earlier today" https://t.co/xVvMs0g21o
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IL&FS files its latest #resolution update - as of September 30, 2024 - status report: https://t.co/Q7pwItjE8g
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Mr Nand Kishore appointed IL&FS CMD after Mr CS Rajan’s term ends: Media Release :
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….His strategic vision, vast experience and innovative approach was instrumental in shaping the resolution process at IL&FS. The new IL&FS Board expresses its heartfelt condolences to the family” 2/2
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“We are deeply saddened to hear of the demise of Mr Vineet Nayyar - who spearheaded the IL&FS resolution first as its Managing Director and then as its Vice Chairman. He later Resigned from the Board, due to his health, in 2020. 1/2
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IL&FS new Board files latest resolution update report with #NCLAT -
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Media Release - IL&FS Group discharges aggregate debt of Rs 35,650 crore across Group Companies. Aggregate payout by way of interim distribution at Rs 10,000 crore https://t.co/EDIfFJpRUn
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IL&FS completes Interim Distribution of Rs 920 crore in CNTL, final Distribution of Rs 919 crore in KSEL. Aggregate debt resolved, with these payouts stands at approx ₹29000 crore. Media Release :
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IL&FS. Good to see continued progress on returning creditors’ money. We may recollect it’s default against total debt of ~1 lakh crores across 347 companies in September 2018 was considered a systemic risk and ‘India’s Lehman moment’.
economictimes.indiatimes.com
As part of the interim distribution, IL&FS Group will be paying a total of Rs 3,200 crore to IFIN eligible creditors, that is being distributed in accordance with the NCLAT approved Revised Distrib...
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IL&FS initiates Rs 3200 crore Interim Distribution in IFIN . MEDIA RELEASE -
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IL&FS completes second payout under Interim Distribution. Total of Rs 1908 crore paid, in interim basis, till date to creditors. RMGL and RMGSL two companies that complete interim distribution payout: Media Release:
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IL&FS commences payout under Interim Distribution Framework. RMGL secured creditors, largely PSU Banks, get Rs 623.38 crore, 83 per cent of total claims. Additional amount to Unsecured creditors under process - Media Release
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