IL&FS Transportation Networks Limited — Important, 11-03-2025: Updates

Roadstar Infra Investment Trust has submitted the Final Placement Memorandum to SEBI for listing the units allocated to IL&FS Transportation Networks Limited (the Company) as part of the acquisition of equity stakes in road project Special Purpose Vehicles (SPVs). These units, held in trust for the Company’s creditors, will be allotted to eligible creditors according to a resolution framework approved earlier. The listing of these units is pending approval from the Stock Exchanges. This development is part of the Company’s ongoing strategy to optimize its financial structure and manage debt effectively, positioning it for better operational stability. Stakeholders should monitor this process closely for potential impacts on liquidity and capital structure.