Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Wednesday said it has sold its entire stake in IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to EverEnviro Resource Management Private (EverEnviro). This sale will reduce IL&FS's overall debt by Rs 1,200 crore, which is the combined debt of entities under the group's environment businesses, a release said.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3cUtJXM
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