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IL&FS Transportation Networks
2.
65
-0.04
(-1.49%)
Market Cap
₹- Cr
PE Ratio
-
Industry
Construction
Buy
Sell
Company Performance:
1D
-1.49%
1M
-8.93%
6M
-18.71%
1Y
-50.47%
5Y
+65.62%
View Company Insights
Latest news about IL&FS Transportation Networks
IL&FS Transportation Networks Completes INR 5,429 Crore Sale of Chenani Nashri Tunnelway to Cube Highways
Nov 20, 2025
IL&FS Transportation Networks Limited (ITNL) has transferred its entire stake in Chenani Nashri Tunnelway Limited (CNTL) to Cube Highways and Infrastructure II Pte Ltd for a lumpsum consideration of INR 5,429 crore, subject to adjustments. The transaction involves the transfer of 37,20,00,000 equity shares for Re. 1. As a result, CNTL is no longer a subsidiary of ITNL, and Cube Highways' nominees have replaced ITNL's directors on CNTL's board. The deal, executed on November 20, follows a Share Purchase Agreement signed on March 21 and required approvals from authorities including the National Company Law Tribunal.
IL&FS Transportation Networks Appoints Former IAS Officer Vini Mahajan as Nominee Director
Sep 10, 2025
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