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The committee of directors of IL&FS Transportation Networks has approved the allotment of 1,250 rated, listed, redeemable, non-convertible debentures of face value ₹10 lakh aggregating to ₹125 crore on private placement basis on November 21. The company had earlier issued 14,250 debentures of ₹10 lakh aggregating to ₹1,425 crore. Following the latest allotment, the company has issued 15,500 debentures aggregating to ₹1,550 crore. Shares of IL&FS Transportation edged up 0.16 per cent at ₹189.85 on the BSE on Monday.
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