IL&FS Transportation Networks Limited has announced that the committee of directors had approved on November 30, 2017 and December 15, 2017, the allotment of, 2,000 Rated, Listed, Redeemable, Non-Convertible Debentures of the face value of INR 1,000,000 aggregating to INR 2,000 million in two series and 1,490 Rated, Listed, Redeemable, Non-Convertible Debentures of the face value of INR 100,000 aggregating to INR 1,490 million in two series on a private placement basis, respectively.