Source: The Times of India

IL&FS: IL&FS financial centre sale stuck over valuation

IL&FS has reevaluated its Mumbai headquarters, TIFC, increasing its value to Rs 1,700 crore, a 57% jump from the highest bid received in 2021. This move has sparked a legal battle with the winning bidder, Chronos Properties, who challenged the revised valuation in the National Company Law Tribunal.

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Est. Annual Revenue
$100-500M
Est. Employees
500-1.0K
CS Rajan's photo - Managing Director of IL&FS

Managing Director

CS Rajan

CEO Approval Rating

82/100

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