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IL&FS Investment Managers' board appoints 2 new additional directors

Kishore and Modak have been appointed to the board in the capacity of nominee directors of Infrastructure Leasing & Financial Service.

December 06, 2018 / 11:18 AM IST
IL&FS Transportation Networks | The company defaulted on the interest on non-convertible debentures due on August 25, 2020. (Image: Reuters)

IL&FS Transportation Networks | The company defaulted on the interest on non-convertible debentures due on August 25, 2020. (Image: Reuters)

 
 
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IL&FS Investment Managers, part of the debt-laden IL&FS group, on Thursday said its board has approved appointment of Nand Kishore and Kaushik Modak as additional directors in the company.

Kishore and Modak have been appointed to the board in the capacity of nominee directors of Infrastructure Leasing & Financial Service.

"The board of directors of the company by resolutions passed by circulation on December 6, 2018, have approved the appointment of Nand Kishore and Kaushik Modak as additional directors, in the capacity of nominee directors of Infrastructure Leasing & Financial Service Ltd on the board of directors of the company," IL&FS Investment Managers said in a regulatory filing.

Shares of IL&FS Investment Managers were trading 3.94 percent lower at Rs 6.59 apiece on BSE.
PTI
first published: Dec 6, 2018 11:15 am

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