{"id":265536,"date":"2019-03-22T06:47:48","date_gmt":"2019-03-22T06:47:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=265536"},"modified":"2019-03-22T06:47:48","modified_gmt":"2019-03-22T06:47:48","slug":"ilfs-transportation-networks-defaults-on-ncd-redemption-payment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-transportation-networks-defaults-on-ncd-redemption-payment\/","title":{"rendered":"IL&amp;FS Transportation Networks defaults on NCD redemption payment"},"content":{"rendered":"<p>IL&amp;FS Transportation Networks, a group company of the troubled IL&amp;FS group, has defaulted on payment of \u20b9 20.91 crore due on principal and interest of non-convertible debentures (NCDs) because of insufficient funds.<\/p>\n<p>The principal amount and interest due and payable on March 18, 2019&#8230;was not paid to the debenture holders due to insufficient funds, the company said in a filing to stock exchanges.<\/p>\n<p>IL&amp;FS Transportation Networks said principal amount of the defaulted debentures is \u20b9 20.80 crore and interest is \u20b9 11.62 lakh.<\/p>\n<p>Interest due for the period between March 1 to March 17, 2019 and was not paid.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IL&amp;FS Transportation Networks, a group company of the troubled IL&amp;FS group, has defaulted on payment of \u20b9 20.91 crore due on principal and interest of non-convertible debentures (NCDs) because of insufficient funds. The principal amount and interest due and payable on March 18, 2019&#8230;was not paid to the debenture holders due to insufficient funds, the company said in a filing to stock exchanges. IL&amp;FS Transportation Networks said principal amount of the defaulted debentures is \u20b9 20.80 crore and interest is \u20b9 11.62 lakh. Interest due for the period between March 1 to March 17, 2019 and was not paid.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-265536","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=265536"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265536\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=265536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=265536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=265536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}