IL&FS Investment Managers Ltd

The Board has approved the continuation of Mr. Chitranjan Singh Kahlon (DIN: 02823501) as an Independent Non-Executive Director of the Company beyond the age of 75 years subject to approval of the shareholders by way of a Special Resolution in accordance with Regulation 17(1A) of the SEBI LODR Regulations. The Board has further approved seeking shareholders approval by way of Postal Ballot through remote e-voting and has approved the draft Postal Ballot Notice along with the Explanatory Statement setting out the justification for such continuation. The Board has also approved the appointment of a Scrutinizer and authorised the concerned officers to undertake all acts and compliances in this regard.