IL&FS is poised to divest its stakes in three road projects as part of the resolution process. This decision comes after the new board's inability to secure approvals for the original plan of transferring these assets to an infrastructure investment trust (InvIT). The road projects in question include Baleshwar-Kharagpur Expressway (BKEL), Jharkhand Infrastructure Implementation Company (JIICL), and Jharkhand Road Projects Implementation Company (JRPICL).
from Banking/Finance-Industry-Economic Times https://ift.tt/cvOyKwe
via IFTTT
No comments:
Post a Comment