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IL&FS Engineering and Construction Company LimitedOthers, 30-05-2025: Copy of Newspaper Publication

30-05-2025 | 12:00 pm

IL&FS Engineering and Construction Company Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company acquired an 80% stake in SaiVeeran Agencies Private Limited, a real estate developer, consolidating its results from March 25, 2025. The Board opted not to declare a dividend for 2024-25 to conserve resources, signaling a strategic shift toward strengthening the balance sheet and expanding into real estate, which could influence future growth and shareholder value.

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