IL&FS gets over 30 EOIs for sale of its domestic roads vertical
Updated : January 10, 2019 12:44 PM IST
"IL&FS has received a strong response to the asset monetisation process for the domestic roads vertical housed under its subsidiary, IL&FS Transportation Networks. More than 30 expressions of interest were received for acquiring IL&FS' interests in its 22 assets across its domestic road vertical," IL&FS Transportation Networks, a group company of the troubled IL&FS group, said in a BSE filing.
IL&FS group on December 18, 2018 had initiated the process for asset monetisation. Last date for receipt of EOIs was January 8, 2019.