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Incorporated in 1987, IL&FS Investment Managers Limited is a domestic private equity fund management company which deals in investment banking, asset management and infrastructure financing.
IL&FS Investment Managers completed Q1 consolidated financials, previously delayed due to a subsidiary's inability to provide data. Exchanges had levied ~Rs 2.65 Lakh in fines and proposed freezing promoter accounts. The Board approved results and seeks fine waiver for reasons beyond its control.
The company has designated Ms. Lubna Ahmad Usman (CEO & CFO) and Mr. Prasad Chaoji (Company Secretary) as Key Managerial Personnel authorized for determining material events and making disclosures to stock exchanges.