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IL&FS Transportation Networks Ltd logo

IL&FS Transportation Networks Ltd

NSE: IL&FSTRANS BSE: 533177

₹1.86

(4.62%)

Wed, 30 Sept 2026, 02:17 pm

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Company History

2000

  • The company was incorporated as 'Consolidated Toll Network India Private Limited' on November 29, 2000.

2001

  • Commercial operation of 'NOIDA Toll Bridge' project started.
  • Concession for 'North Karnataka Expressway' project was awarded to North Karnataka Expressway Limited.
  • Investment was made in the equity share capital of North Karnataka Expressway Limited.

2002

  • The name of the company was changed to 'Consolidated Toll Network India Limited'.
  • A fresh certificate of incorporation was issued by the RoC on July 22, 2002.
  • Equity investment was made by ORIX Auto & Business Solutions Limited.

2003

  • Commercial operation of 'Ahmedabad Mehsana Toll Road' project started.

2004

  • The name of the company was changed to 'Consolidated Transportation Networks Limited'.
  • A fresh certificate of incorporation was granted to the company by the RoC on September 24, 2004.
  • Concession for 'Thiruvanathapuram City Roads Improvement Project' was granted to Thiruvanathapuram Road Development Company Limited.
  • Investment was made in the equity share capital of Thiruvanathapuram Road Development Company Limited.
  • Commercial operation of 'North Karnataka Expressway' project started.

2005

  • The name of the company was changed to 'IL&FS Transportation Networks Limited'.
  • A fresh certificate of incorporation was granted to the company by the RoC on October 18, 2005.

2006

  • Partnership & Development Agreement for 'Mega Highways' project was granted to Road Infrastructure Development Company of Rajasthan Limited.
  • Investment was made in the equity share capital of Noida Toll Bridge Company Limited.
  • Concession for 'Andhra Pradesh Expressway' project was awarded to Andhra Pradesh Expressway Limited.
  • Investment was made in the equity share capital of Andhra Pradesh Expressway Limited.
  • Investment was made in the equity share capital of Gujarat Toll Road Investment Company Limited.
  • Equity investment was made by Trinity Capital.

2007

  • Programme Development Agreement for 'Chhattisgarh Accelerated Road Development Programme' was executed between Government of Chhattisgarh and Infrastructure Leasing & Financial Services Limited.
  • Concession for 'East Hyderabad Expressway' project was awarded to East Hyderabad Expressway Limited.
  • Investment was made in the equity share capital of East Hyderabad Expressway Limited.
  • Equity investment was made by GS Strategic Investments Limited.

2008

  • Programme Development Agreement for 'Jharkhand Accelerated Road Development Programme' was executed between Government of Jharkhand and Infrastructure Leasing & Financial Services Limited.
  • Commercial operation of Phase - I of 'Thiruvanathapuram City Roads Improvement Project' started.
  • Further equity investment was made by Trinity Capital and GS Strategic Investments Limited.
  • Equity investment was made by SCB Asian Infrastructure Fund.
  • The company acquired Elsamex S.A.
  • Commercial operation of 'West Gujarat Expressway' project started.
  • Investment was made in the equity share capital of Vansh Nimay Infraprojects Limited.

2009

  • Commercial operation of the 'Mega Highways' project started.
  • Concession for the 'Beawar Gomti' project was awarded to ITNL Road Infrastructure Development Company Limited.
  • Amendment to the concession in relation to 'Thiruvanathapuram City Roads Improvement Project' was granted to Thiruvanathapuram Road Development Company Limited.
  • A 'Letter of Award' was issued for the project '4 laning of Warora Chandrapur Bamni Road' in Maharashtra.
  • Concession for the 'Ranchi Ring Road' project was awarded to Jharkhand Road Projects Implementation Company Limited.
  • Concession for the 'Pune Sholapur' project was awarded to Pune Sholapur Road Development Company Limited.
  • Commercial operation of 'Andhra Pradesh Expressway' project started.
  • Concession for the 'Hazaribagh Ranchi' project was awarded to Hazaribagh Ranchi Expressway Limited.
  • Concession for the 'Patratu Dam Ramgarh Road' project was awarded to Jharkhand Road Projects Implementation Company Limited.
  • Concession for the 'Ranchi - Patratu Dam' project was awarded to Jharkhand Road Projects Implementation Company Limited.
  • Concession for the 'Gurgaon Metro' project was awarded to Rapid MetroRail Gurgaon Limited.
  • A 'Letter of Award' was issued for the project 'Moradabad Bareilly section of NH-21' in Uttar Pradesh.

2010

  • Mr. R. S. Chandra was appointed as an Additional Director of the company effective May 25, 2010.

2011

  • The Board recommended payment of a final dividend of Rs 3.50 per share.
  • IL&FS Transportation signed a Concession Agreement with the Government of Jharkhand.
  • The company received a Letter of Award from National Games Secretariat for development of Karyavattom Stadium on DBOT basis.

2012

  • Elsamex S.A. Spain, a subsidiary of the company, received an award of Road Rehabilitation Contract by the Government of Haiti.
  • The company received a Letter of Award from NHAI for Four-Laning of Kiratpur to Ner-Chowk Section.
  • The company received a Letter of Award from NHAI for Construction of New Bridges/Structures, Repair of existing Four Lane Highway.
  • The company received a Letter of Award from Public Works Department, Rajasthan on behalf of Ministry of Road Transport and Highway.
  • IL&FS Transportation bagged an order to develop a Multi-level Automatic Car parking facility in Hyderabad.
  • The company received an award from Haryana Urban Development Authority for developing the 6.5 km rail Metro Link Extension from Sikander.
  • Elsamex S.A. Spain received an award of contract for the Maintenance of Abu Dhabi A1 Ain Highway and Truck Road.

2013

  • IL&FS Transportation received an award of Road Maintenance Contracts in Portugal to a subsidiary of Elsamex S.A. Spain.
  • IL&FS Transportation had a financial tie-up for the four-laning of Khed-Sinnar section of NH-50 in Maharashtra.
  • Elsamex S.A. received an award of Road Maintenance Contract in Ukraine.
  • IL&FS Transportation Networks signed a Joint Venture Agreement.
  • The company signed a Concession Agreement with National Highways Authority of India for Six-Laning of Barwa-Adda-Panagarh Section of NH-2.
  • IL&FS Transportation received the 5th KPMG Infrastructure Awards 2013.
  • The Rail Metro Link from Delhi Metro Sikanderpur was inaugurated.
  • IL&FS Transportation inked a JV agreement with a Chinese company.

2014

  • IL&FS Transportation announced a financial tie-up for the development of Srinagar.
  • Elsamex S.A. Spain received an award of Road Contract under Output and Performance Road Contracts System in Botswana.
  • IL&FS Transportation started commercial operations in Andhra Pradesh.
  • IL&FS Transportation bagged a project in Kerala.
  • IL&FS Transport signed an agreement with the Government of India.
  • IL&FS TN arm received a contract worth Rs 1348.52 cr.
  • IL&FS Transportation Networks announced rights in the ratio of 27:100.

2015

  • Concession was awarded for the four-laning of Moradabad.
  • IL&FS Transportation Networks signed an agreement with the Roads & Building Department, Government of Gujarat for development of 8 Railway Over Bridges.
  • IL&FS Transportation won two road upgradation projects from MPRDCL.
  • IL&FS Transportation won a road project in Maharashtra.
  • IL&FS Transportation Networks' wholly-owned subsidiary Amravati Chikli Expressway Limited signed a concession agreement.
  • The company issued rights to its existing shareholders in the ratio of 1:3.

2016

  • The company informed about an update on a bid submitted to Chennai Metro Rail Ltd.
  • The company received the Golden Peacock Award for Corporate Social Responsibility.

2017

  • A consortium led by the company's Singapore arm bagged a road contract worth around USD 165 million.
  • IL&FS Transportation sold its entire stake in Andhra Pradesh Expressway to Cube Highways & Infrastructure, Singapore for Rs 140 crore.

2019

  • IL&FS group companies sold 494 acres of land to reduce debt.
  • The company received the Infrastructure Company of the Year award from the 6th EPC World Awards for the Rajasthan Mega Highway Project.
  • Thiruvananthapuram City Road Improvement Project received a Special Award for Outstanding Project from TrafficInfra Tech.
  • The company received an award for Corporate Social Responsibility for the best Community Development for Baleshwar Fishery Project.