IL&FS completes stake sale in Terracis Technologies, resolves Rs 1,275 cr debt


IL&FS completes stake sale in Terracis Technologies, resolves Rs 1,275 cr debt

Earlier, Infrastructure Leasing and Financial Services (IL&FS) said it has completed the sale of its 71.84 per cent stake in IL&FS Prime Terminals FZC to VTTI Terminal I BV.

This is Annapurna's second equity infusion in as many years. Annapurna had raised $30 million equity from US-based Nuveen Global Impact Fund in March 2021.


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