Brookfield asked to renew performance guarantee for IL&FS HQ deal
ByAinvest
Monday, Dec 1, 2025 11:26 am ET1min read
BN--
The National Company Law Tribunal (NCLT) has directed Brookfield Asset Management to renew a performance guarantee for its bid to acquire IL&FS' headquarters in Mumbai's Bandra-Kurla Complex. Brookfield had submitted a Rs 108 crore bid and a 10% performance guarantee, but has not renewed it since April. IL&FS has revalued the property at Rs 1,722 crore and requested Brookfield to revise its bid to Rs 1,481 crore. Brookfield has appealed the matter to the National Company Law Appellate Tribunal (NCLAT).
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
ABOUT US
Our StoryNews AuthorsKnowledge BasePrivacy PolicyTerm of UseThird Party Brokerage DisclaimerAIME Terms of UseAInvest AI Risk DisclosuresCareersCONTACT US
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
Comments
No comments yet