IL&FS Engineering and Construction Company Limited — Board Meeting, 31-07-2026: Outcome of Board Meeting

IL&FS Engineering's board approved quarterly results. Company's net worth is fully eroded, with accumulated losses of ₹3,600.22 Cr. Auditors flagged major 'going concern' doubt, awaiting NCLT approval for a resolution plan. Crucially, the company didn't recognize ₹115.24 Cr interest expense for the quarter.