IL&FS Engineering and Construction Company Limited — Important, 02-01-2025: Updates

Mr. Kazim Raza Khan, the Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of IL&FS Engineering and Construction Company Limited, has been appointed as an Additional and Nominee Director on the Board of IL&FS Transportation Networks Limited (ITNL). This appointment takes effect from 30th December, 2024. This strategic move may enhance collaboration and alignment between the two entities, potentially benefitting overall operational synergies. Investors should monitor how this leadership change could influence the company's strategic direction and its implications for future growth opportunities.