IL&FS Engineering Expands Footprint with New Dubai Office

IL&FS Engg & Const Company , a prominent player in the infrastructure sector, has announced a strategic move to expand its presence in the Middle East. The company has opened a new branch office in Dubai MainLand, United Arab Emirates (UAE), signaling its intent to explore fresh business opportunities in the region.

Strategic Expansion

The company's decision to establish a presence in Dubai reflects a calculated approach to tap into the infrastructure market in the Middle East. This move aligns with IL&FS Engineering's broader strategy to diversify its geographical footprint and seek growth opportunities beyond its home market.

Regulatory Compliance

In line with its commitment to transparency and regulatory compliance, IL&FS Engineering has duly informed the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this development. This disclosure is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the New Branch

Aspect	Detail
Location	Dubai MainLand, UAE
Purpose	Explore business opportunities in Middle East countries
Disclosure Date	November 18, 2025

Potential Impact

While the company has not provided specific details about its immediate plans or targets for the Dubai office, the establishment of this new branch could potentially:

Enhance IL&FS Engineering's ability to bid for and execute projects in the Middle East
Facilitate closer relationships with regional clients and partners
Provide a strategic base for further expansion in the Gulf Cooperation Council (GCC) countries

As IL&FS Engineering and Construction Company Limited embarks on this new chapter, stakeholders will be keenly watching how this strategic move translates into business growth and project acquisitions in the Middle East market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.50%	-3.38%	-3.85%	-36.69%	-44.65%	+637.68%

IL&FS Engg & Const Company , a company currently operating under the National Company Law Appellate Tribunal's (NCLAT) resolution framework, has reported substantial financial losses in its latest unaudited financial results.

Financial Performance

The company's unaudited financial results for the quarter and half year ended September 30 reveal a concerning financial situation:

Financial Metric	Amount (in Lakhs)
Accumulated Losses	Rs. 3,61,156.00
Net Worth	Fully Eroded

These figures underscore the severe financial challenges faced by IL&FS Engineering and Construction Company Limited.

Resolution Process Update

Despite the financial setbacks, there are signs of progress in the company's resolution process:

A successful bid has been approved by the Committee of Creditors.
The approved bid is currently awaiting final approvals from:
1. Justice D.K. Jain
2. National Company Law Tribunal (NCLT)

Corporate Governance

In compliance with regulatory requirements, the company's Board of Directors convened on November 14 to approve the unaudited financial results. Key details of the meeting include:

Meeting commencement time: 12:30 P.M.
Meeting conclusion time: 3:40 P.M.
Approval of unaudited financial results for Q2 and H1

The company has duly submitted these results along with Limited Review Reports to the stock exchanges, adhering to the Securities and Exchange Board of India (SEBI) regulations.

While the financial results paint a challenging picture, the ongoing resolution process and adherence to regulatory requirements demonstrate the company's efforts to address its financial situation and maintain transparency with stakeholders. The outcome of the pending approvals from Justice D.K. Jain and NCLT will be crucial in determining the future course for IL&FS Engineering and Construction Company Limited.