Archive · 19 Sep 2025
IL&FS to Sell Remaining 15% Stake in Roadstar InvIT
IL&FS is selling its remaining 15% stake in Roadstar Infra Investment Trust to pay off debts.
Axis Bank is finding potential buyers.
Roadstar InvIT, owned by Roadstar Infra, has 6 road projects.
The roads span six states in India: Maharashtra, Rajasthan, Uttar Pradesh, West Bengal, Jharkhand, and Kerala.
Most roads are operational, with one almost complete.
IL&FS is selling its entire 15% stake in Roadstar Infra Investment Trust.
Axis Bank is tasked with finding potential buyers for the stake.
The sale is part of IL&FS's debt resolution plan.
Roadstar InvIT has 6 road assets across 6 Indian states.
Most road assets are operational, except one nearing completion.
- Who
- IL&FS
- What
- Selling its remaining 15% stake in Roadstar InvIT
- When
- March (units listed), information published in September 2025
- Where
- India
- Why
- To reduce liabilities
IL&FS
Axis Bank/Potential Buyers
Stake Sale Purpose
IL&FS
Reducing Liabilities
Axis Bank/Potential Buyers
Acquiring Investment
- Company
- IL&FS
- Stake Percentage
- 15%
- InvIT
- Roadstar Infra Investment Trust
- Buyer Search
- Axis Bank
- Road Assets
- 6
- Road Asset States
- 6
