Uday Kotak to step down as the Chairman of IL&FS

Uday Kotak to step down as the Chairman of IL&FS

Uday Kotak has announced to step down as the Chairman of the board of the Infrastructure Leasing & Financial Services (IL&FS), after his term ends on April 2, 2022. According to Kotak, around Rs 55,000 crore of debt has been resolved, which represents nearly 90% of the expected resolution. Kotak also announced the sale of IL&FS’s iconic headquarters to […]

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