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IL&FS hopeful of InvIT listing by year-end

An application with the Securities and Exchange Board of India has been made for the infrastructure investment trust, Dilip Bhatia, Chief Financial Officer, IL&FS Transport told CNBC-TV18.
ILandFS Trans sells 15% stake in Gujarat Road & Infra; rises 5%

The company has signed definitive agreement with MAIF Investments India Pte. for sale of 15 percent stake (83,13,800 equity shares) in Gujarat Road and Infrastructure Company (GRICL) at an aggregate consideration of Rs 1,097,868,850.

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Maif Investments

IL&FS hopeful of InvIT listing by year-end

ILandFS Trans sells 15% stake in Gujarat Road & Infra; rises 5%