IL&FS Group pays off massive debt to creditors, repays ₹48,463 crore by September 2025; what's the plan next?

News Topical, Digital Desk : The debt-ridden and on the verge of bankruptcy IL&FS Group has paid Rs 48,463 crore to its creditors by September 2025. This information has been given in the latest status report filed before the National Company Law Tribunal (NCLT).
This payment by the group is 7.02 percent more than the Rs 45,281 crore paid by March 2025. The status report filed by IL&FS states that by September 30, 2025, IL&FS Group has returned a total loan of Rs 48,463 crore to its lenders.

How much debt do you aim to repay?

IL&FS had set a target of repaying ₹61,000 crore of its total debt of ₹99,355 crore. With ₹48,463 crore paid, approximately 80% of this target (₹61,000 crore) has been repaid.

How is the loan being repaid?

IL&FS, which has been undergoing one of India's most complex corporate resolutions since its collapse in 2018, had a total debt of ₹99,355 crore. The group is repaying the debt through asset monetization, interim distributions in the form of cash and InvIT units, and internal cash flow.
According to the affidavit, of the ₹48,463 crore paid so far, ₹25,893 crore has come from "monetization/termination/transfer of assets to InvIT."

How many InvIT units do IL&FS Group entities have?

IL&FS Group entities also hold InvIT units worth ₹326 crore, which were received following the transfer of certain infrastructure SPVs. The affidavit further states that such units were received by the respective Respondent No. 1 Group entities following the transfer of certain InvIT SPVs to InvIT, including intra-group distributions.

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