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Il&fs Board Likely To Meet Again This Week; To Chalk Out Course Of Action | Business Standard News

by business-standard.com posted 2months ago 17 views
The infra lending and engineering conglomerate major currently sits on a debt burden of nearly Rs 910 billion. : The newly constituted board of the beleaguered IL&FS under the chairmanship of Uday Kotak may meet this week again to chalk out the future course of action to resolve the current financial crisis, according to a source. Following a marathon first board meeting held last Thursday, it is learnt that the members will meet this week again to propose how the crisis can be resolved at the debt-ridden Infrastructure Leasing & Financial Services (IL&FS) group.

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