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Company Info

The Noida Toll Bridge Company Ltd. (NTBCL) has been promoted by Infrastructure Leasing and Financial Services Ltd. (IL&FS) as a special purpose vehicle (SPV) to develop, construct, operate, and maintain the DND (Delhi Noida Direct) Flyway, on a Build Own Operate Transfer (BOOT) basis.

The DND Flyway, a key infrastructure project facilitating seamless connectivity between Delhi and Noida, was officially inaugurated on February 07, 2001

NTBCL is a public listed company, incorporated in Uttar Pradesh, India, in 1996 and operates only in India.

The Union of India, acting through the Ministry of Corporate Affairs, had initiated proceedings against IL&FS group, in 2018, in an effort to control the contagion on account of IL&FS defaults and restore confidence and financial stability in the Indian Capital Markets.

Pursuant to the said proceedings, the Hon’ble NCLT, Mumbai Bench, has appointed new Directors, as recommended by the Union of India, on the Board of IL&FS. The said new Board has been empowered to replace and appoint new directors on the Board of subsidiary companies of IL&FS, which includes Noida Toll Bridge Company Limited (NTBCL). At present, the resolution process of IL&FS group entities (including NTBCL) is being carried out in accordance with the Resolution Framework approved by the Hon’ble NCLAT on March 12, 2020. All relevant information pertaining to the Resolution Framework and the March 12, 2020 order have been uploaded on the IL&FS Group website https://www.ilfsindia.com/Progress-Report.aspx.