IL&FS Engineering & Construction Co News

IL&FS Engineering Reports ₹2,727.72 Cr Default

IL&FS Engineering and Construction Company disclosed defaults of ₹2,727.72 crores on bank loans as of December 31, 2025, with total financial indebtedness at ₹3,097.28 crores.

IL&FS Engineering Reports Rs 1,119 Crore Loss for Six Months Ended September 2025

IL&FS Engineering and Construction Company Limited reported a net loss of Rs 1,119 crore for the six months ended September 30, 2025, compared to Rs 1,377 crore loss in the same period last year. The company continues to face severe financial distress with fully eroded net worth, ongoing resolution proceedings under NCLAT framework, and material uncertainty about its ability to continue as a going concern.

IL&FS Engineering Seeks Shareholder Approval for Re-appointment of Two Independent Directors

IL&FS Engineering and Construction Company Limited is conducting a postal ballot through remote e-voting from December 6, 2025 to January 5, 2026 for re-appointing Mr. Subrata Kumar Atindra Mitra and Dr. Jagadip Narayan Singh as Independent Directors for a second five-year term from January 15, 2026 to January 14, 2031. The re-appointments require special resolution approval from shareholders as both directors' current terms expire on January 14, 2026.