IL&FS plans stake sale for three road assets amidst InvIT setback
ROADS & HIGHWAYS

IL&FS plans stake sale for three road assets amidst InvIT setback

In a strategic move prompted by the stumbling Infrastructure Investment Trust (InvIT) plan, Infrastructure Leasing and Financial Services (IL&FS) is set to divest stakes in three key road assets. The decision comes as the InvIT initiative faces challenges, pushing IL&FS to explore alternative avenues to raise funds and address financial concerns.

The three road assets targeted for stake sale are pivotal components of IL&FS's infrastructure portfolio. The company's shift in strategy reflects a commitment to financial resilience and adaptability in the face of unforeseen obstacles. By divesting stakes in these assets, IL&FS aims to infuse liquidity and streamline its financial position.

This move aligns with IL&FS's broader restructuring efforts and underscores the dynamic nature of the infrastructure sector. The decision to sell stakes in specific road assets showcases the company's strategic decision-making to navigate financial complexities and continue its mission as a key player in the infrastructure landscape. As IL&FS charts this new course, stakeholders and industry observers will closely watch the unfolding developments and their impact on the company's future trajectory.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

In a strategic move prompted by the stumbling Infrastructure Investment Trust (InvIT) plan, Infrastructure Leasing and Financial Services (IL&FS) is set to divest stakes in three key road assets. The decision comes as the InvIT initiative faces challenges, pushing IL&FS to explore alternative avenues to raise funds and address financial concerns. The three road assets targeted for stake sale are pivotal components of IL&FS's infrastructure portfolio. The company's shift in strategy reflects a commitment to financial resilience and adaptability in the face of unforeseen obstacles. By divesting stakes in these assets, IL&FS aims to infuse liquidity and streamline its financial position. This move aligns with IL&FS's broader restructuring efforts and underscores the dynamic nature of the infrastructure sector. The decision to sell stakes in specific road assets showcases the company's strategic decision-making to navigate financial complexities and continue its mission as a key player in the infrastructure landscape. As IL&FS charts this new course, stakeholders and industry observers will closely watch the unfolding developments and their impact on the company's future trajectory.

Next Story
Infrastructure Energy

BorgWarner's Advanced eMobility Solutions at Bharat Mobility 2025

BorgWarner will highlight its latest advancements at the Bharat Mobility Global Expo 2025 in New Delhi, showcasing a comprehensive range of technologies designed to accelerate the shift towards electrification in the Indian market. At Booth M5 in Hall H2 at the Components Show in Yashobhoomi, Dwarka, New Delhi, BorgWarner will present its latest developments in electrified drivetrain solutions. “Our participation in the Bharat Mobility Global Expo marks a significant opportunity to showcase our pioneering eMobility technologies,” said Dr. Stefan Demmerle, Vice President of BorgWarner Inc...

Next Story
Equipment

GEPL Unveils Room & Pillar Mining Equipment

Gainwell Engineering (GEPL), a leader in advanced mining solutions, has unveiled the first-ever domestically manufactured room and pillar mining equipment package. Delivered to Eastern Coalfields, the breakthrough equipment marks a significant milestone for the nation's manufacturing and coal mining sector. This major achievement furthers India’s efforts to establish itself as a global hub for manufacturing excellence while promoting the 'Make in India' initiative in an otherwise imports-dependent sector, as envisioned by the Prime Minister. It has also begun a new chapter in strengthening t..

Next Story
Equipment

Brokk Inc. Named Dealer for Ecovolve Electric Dumpers

Brokk Inc., the North American distributor for Brokk demolition robots and Aquajet Hydrodemolition equipment, is now a dealer for Ecovolve electric, high-tip dumpers. With low noise and a charge that lasts eight hours, a compact Ecovolve electric dumper is a perfect partner for debris clean-up during demolition with a Brokk robot. The electric dumpers are also an ideal solution for any type of debris removal where the user is interested in fuel and maintenance savings or requires low-noise, emission-free equipment. “Like Brokk, Ecovolve products are electric and compact — perfectly suited..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000