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IL&FS addresses aggregate debt of Rs 32KCr so far
By IANS |
Published on
Fri, Jan 22 2021 13:12 IST |
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IL&FS. (File Photo: IANS). Image Source: IANS News
Mumbai, Jan 22 : Debt-ridden IL&FS Group has addressed aggregate debt of around Rs 32,000 crore so far.
In a statement on Friday, the group said that it maintains its estimates of addressing aggregate debt of over Rs 56,000 crore by FY22, out of an overall debt of over Rs 99,000 crore (as of October 2018). The Management and the New Board of IL&FS Limited, as part of its quarterly update on the progress of ongoing Group resolution process, shared that it has as of date, addressed approximately Rs 32,000 crore of aggregate debt of the group, it said