IL&FS Transportation Networks defaulted on interest and part principal of Rs.5.74 Crore on its NCDs due June 15, 2026. The default is attributed to an ongoing NCLAT moratorium order, highlighting severe liquidity constraints.
IL&FS Transportation Networks Limited defaulted on a payment of ₹6.85 Crore, comprising ₹0.95 Crore interest and ₹5.90 Crore principal due on April 30, 2026. The default pertains to unsecured NCDs (Tranche XX). The company cited the 2018 NCLAT moratorium order as the reason for non-payment.
IL&FS Transportation Networks Limited defaulted on interest and part-principal payments totaling ₹4.54 Crore due on April 27, 2026. The default pertains to unsecured NCDs (Tranche XXV-Option III). The company cited a 2018 NCLAT moratorium order and its 'Red Entity' classification as the reasons for its inability to service these debt obligations.