IL&FS board initiates steps for asset monetisation, explore options to sell stake in financial services assets
Updated : November 12, 2018 07:54:22 IST
The Board while evaluating all options, has initiated the process of exploring the sale of an asset engaged in the securities services business.
The board will publicly solicit Expressions of Interest to assess the interest for a sale of its stake in IL&FS Securities Services Ltd along with ISSL Settlement & Transaction Services Limited.
Published : November 12, 2018 07:45 PM IST