IL&FS to Monetize Stake in Delhi-Noida DND Flyover
ROADS & HIGHWAYS

IL&FS to Monetize Stake in Delhi-Noida DND Flyover

IL&FS, the infrastructure development and finance company, has announced its intention to monetize its stake in the Delhi-Noida DND Flyover. The move is part of IL&FS's strategy to mobilise funds for infrastructure projects and streamline its financial operations.

The Delhi-Noida DND Flyover is a vital link connecting the national capital, Delhi, to the satellite city of Noida in Uttar Pradesh. IL&FS's decision to monetize its stake in this strategic infrastructure asset signifies its commitment to unlocking value and optimising resources.

The monetization of IL&FS's stake in the DND Flyover is expected to attract interest from investors seeking opportunities in the infrastructure sector. The proceeds from the stake sale could be utilised for further infrastructure development initiatives, contributing to economic growth and enhancing connectivity in the region.

IL&FS's move aligns with broader efforts to revitalise the infrastructure sector and attract private investment in public projects. By leveraging the value of existing assets, IL&FS aims to catalyse infrastructure development and create sustainable long-term value for stakeholders.

As IL&FS progresses with its plans to monetize its stake in the Delhi-Noida DND Flyover, stakeholders anticipate positive outcomes for infrastructure development in the region. The move reflects IL&FS's commitment to driving economic progress through strategic initiatives in the infrastructure domain.

IL&FS, the infrastructure development and finance company, has announced its intention to monetize its stake in the Delhi-Noida DND Flyover. The move is part of IL&FS's strategy to mobilise funds for infrastructure projects and streamline its financial operations. The Delhi-Noida DND Flyover is a vital link connecting the national capital, Delhi, to the satellite city of Noida in Uttar Pradesh. IL&FS's decision to monetize its stake in this strategic infrastructure asset signifies its commitment to unlocking value and optimising resources. The monetization of IL&FS's stake in the DND Flyover is expected to attract interest from investors seeking opportunities in the infrastructure sector. The proceeds from the stake sale could be utilised for further infrastructure development initiatives, contributing to economic growth and enhancing connectivity in the region. IL&FS's move aligns with broader efforts to revitalise the infrastructure sector and attract private investment in public projects. By leveraging the value of existing assets, IL&FS aims to catalyse infrastructure development and create sustainable long-term value for stakeholders. As IL&FS progresses with its plans to monetize its stake in the Delhi-Noida DND Flyover, stakeholders anticipate positive outcomes for infrastructure development in the region. The move reflects IL&FS's commitment to driving economic progress through strategic initiatives in the infrastructure domain.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement