2 months ago
IL&FS Resolves ₹57,500 Crore Debt
IL&FS has made significant progress in resolving its debt.
As of June 30, 2026, they have resolved over ₹57,500 crore of debt, which is more than 94% of their target.
They have discharged ₹50,387 crore to creditors through various means like selling assets and distributing cash.
Out of the original 302 entities, 205 have completed resolution, and only 41 still need protection.
They have also completed key transactions like selling the Chenani Nashri Tunnelway Limited.
Overall, they are close to finishing their debt resolution process.
IL&FS has resolved over ₹57,500 crore of debt, nearing the end of its clean-up process.
Total debt discharged to creditors is ₹50,387 crore, which is over 83% of the target.
Resolution has been completed for 205 out of the original 302 entities.
Only 41 entities now require continued moratorium protection.
Key transaction includes the sale of Chenani Nashri Tunnelway Limited (CNTL) to Cube Highways.
- Who
- Infrastructure Leasing & Financial Services (IL&FS)
- What
- Resolved over ₹57,500 crore worth of debt
- Where
- India
- When
- As of June 30, 2026
- Why
- To complete the clean-up of the group's financial situation
Creditors
IL&FS Management
Debt Resolution Progress
Creditors
Creditors are satisfied with the progress, as over 83% of the debt has been discharged.
IL&FS Management
IL&FS Management believes the resolution process is on track and aims to complete the remaining debt resolution.
Key facts
- Total Resolution Value
- ₹57,556 crore
- Total Debt Discharged
- ₹50,387 crore
- Debt Resolution Target
- ₹61,000 crore
- Entities Resolved
- 205 out of 302
- Entities Under Moratorium
- 41
- Cash Balances
- ₹7,259 crore
- InvIT Units Held
- ₹326 crore
- Key Transaction
- Sale of Chenani Nashri Tunnelway Limited (CNTL) to Cube Highways
Sources
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