IL&FS earns Rs.77.5 crore from two sale deals

The beleaguered IL&FS group on Thursday said it has completed to sale transactions that netted a total of about Rs.77.5 crore.

 
The two sale deals under IL&FS' energy portfolio are Urjankur Shree Tatyasaheb Kore Warana Power Company Limited (Urjankur Warana) and IL&FS Energy Development Company Limited (IEDCL) Energy Advisory Business division.
 
According to IL&FS, it sold its 33.33 per cent stake in Urjankur Warana to Shree Tatyasaheb Kore Warana Sahakari Sakhar Karkhana Ltd (HSF or Host Sugar Factory).
 
 
Comment : Siddharth Kumar Mehta - I am very happy to see how IL&FS settling hi debt and taking new steps forward to make a new tomorrow.  


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