Former IL&FS Independent Directors Write to Uday Kotak, Extend Support in Turnaround Efforts

Five former independent directors, including former Chairman S B Mathur, in a letter, have also mentioned about IL&FS being unable to raise additional equity despite several attempts and the "asset-liability" mismatch that continued to aggravate.

from Top Business News- News18.com https://ift.tt/2NVAcaa