MUMBAI (Reuters) - Debt-laden Infrastructure Leasing and Financial Service (IL&FS) has initiated steps to explore the sale of certain assets, as it attempts to move forward on a restructuring plan for the wider group, the company said in a statement on Monday.
The firm said IL&FS' board has decided to publicly solicit expressions of interest for its stakes in both IL&FS Securities Services, and ISSL Settlement & Transaction Services, which both play in the financial services space.
It added that any transactions however, would be subject to regulatory approvals.
(Reporting by Neha Dasgupta; Editing by Euan Rocha)
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