Noida Toll Bridge Approves ₹23.60 Crore Interim Distribution To ICICI Bank

Board approved second interim distribution of Rs 23.60 Cr to ICICI Bank for secured term loan, covering full liability till cut-off date. Payout needs ITNL and IL&FS board approvals. Part of court-monitored IL&FS resolution, paying frozen pre-cut-off lender dues from available cash after validated claim report. Second payout shows resolution shifting to actual cash distribution. Clears secured ICICI facility for pre-cut-off period if approved, easing debt but using cash. Approvals pending; post-cut-off interest treatment and residual cash position undisclosed.