IL&FS - Home
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Key Highlights

  IL&FS Group Discharges Debt of over ₹50,000 crore, as of June 30, 2026         Overall resolution value crosses ₹57,500 crore - over 94% of target; interim distribution to external financial creditors exceeds ₹16,000 crore               ₹50,387 crore discharged to creditors – i.e about 83% of its estimated ₹61,000 crore resolution target – comprises : ₹26,027 crore through asset monetisation, concession termination/settlement and transfer of assets to the InvIT; ₹16,013 crore distributed to external financial creditors through interim distributions of cash and InvIT units; ₹8,347 crore through auto-debits, principal servicing by Green entities and release of non-fund-based limits.         Taking into account cash and InvIT units held within the Group, the overall debt-resolution value has reached ₹57,556 crore - over 94% of the ₹61,000 crore aggregate debt resolution target.        Resolution has been concluded for 205 of the original 302 entities. After including entities whose resolution applications have been filed with or approved by courts, 240 entities have reached an advanced or concluded stage of resolution.        Only 41 entities now require continued moratorium protection, compared with the original 302 entities covered by the resolution framework. A total of 128 domestic entities have already been released from the moratorium.         Cash balances across the Group stood at ₹7,259 crore, comprising: ₹1,551 crore available for interim or final distribution; ₹1,925 crore earmarked for going-concern expenses, contingent and externally routed claims; ₹3,783 crore held in entities whose resolution is under way.         In addition, InvIT units valued at ₹326 crore are held by Group entities pursuant to the transfer of SPVs to the InvIT.      

  IL&FS Group updates Resolution Progress as of September 30, 2025         Total Group Debt Discharged, as of Sept 30, 2025, recorded at ₹48,463 crore – including Rs 25,893 crore discharged by way of Monetisation; Rs 7,545 crore in Auto Debits, Principal servicing in Green Entities and NFB Release;& Rs 15,026 crore in Interim Distribution to External Creditors         Total Cash Position across Group Companies, as of September 30, 2025, registered at Rs 8,575 crore: including Rs 3,735 crore for Going Concern and Contingent Claims; Rs 4,108 crore held in entities under resolution; and Rs 406 crore available for Interim Distribution         Total Entities fully resolved, as of September 30, 2025, stands at 202 - of the total of 302 entities under resolution in 2018         IL&FS Board maintains overall debt resolution target at Rs 61,000 crore      

The Government of India, through Ministry of Corporate Affairs, took management control of IL&FS and appointed a new Public Interest Board in October 2018 in an effort to control defaults, limit its contagion affect and restore confidence & financial stability in Capital Markets. As of June 30, 2026, IL&FS Group has repaid ₹50387 crore to its lenders, completing approx 83% of its estimated aggregate debt resolution target of Rs ₹61,000 crore.

Resolution Updates

Claims Management

Asset Divestment

Investors

Moratorium Update

Announcements

Projects

Projects Details

Waste To Energy Plant, Ghazipur

Status : Monetised by way of Stake Sale

ddIn a path-breaking PPP initiative for the East Delhi Municipal Corporation, IL&FS Environment, an IL&FS company, set up a Waste to Energy plant at the Ghazipur dumpsite, which receives more than 2000 tons per day of Delhi's municipal solid waste. It provides a scientific solution to address some of the environmental, health and safety hazards posed by the 29-hectare dumping ground containing 12 million tons of accumulated garbage. An elaborate seven-stage pre-processing section in the plant converts waste to Refuse Derived Fuel of high calorific value. Set up to initially process 1300 tons per day (TPD) of municipal solid waste and generate 12 MW of Green Power, the plant is built with a capacity to process 2000 TPD of waste.

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Waste to Energy Plant, Ghazipur
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Scientific Closure of Gorai Dumpsite

Education and Technology

Status : Monetized by way of Stake Sale

IL&FS Education and Technology Services is the social infrastructure initiative of IL&FS India that was established in 1997 to promote Education, Employability, and Empowerment, The Company was later renamed as Schoolnet India Limited, as a part of the corporate branding exercise .

Schoolnet India Limited (SIL) is India’s first and one of the leading Ed-Tech service providers providing digital and digitally-enabled services to K-12 schools through proprietary digital content, devices, platforms and solutions.

IL&FS Group holds 73.69 per cent stake in SIL; SIL holds 80% stake in IL&FS Skill Development Corporation (ISDC) and also has two wholly owned subsidiaries - IL&FS Cluster Development Initiative Limited (ICDI) and Skill Training Assessment Management Partners Limited (STAMP).

ISDC offers job linked vocational program to the youth.

ICDI provides advisory and management services to Central Govt, State Govts and Industries for development of common infrastructure and facilities in Brownfield and Greenfield industrial clusters.

STAMP provides assessment solutions on a life-cycle approach: students, youth (job seekers) and working professionals.

The Company also implemented ICT@School project - a technology led academic support system aimed at assisting in creating conducive environment for providing Computer Education for Students and Teachers.

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K-Yan Community Computer
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ICT in Schools