IL&FS Investment Managers Limited — Others, 25-11-2024: Copy of Newspaper Publication

IL&FS Investment Managers Limited has announced a board meeting to discuss the appointment of Gaurav Khungar as a Nominee Director on its board. Shareholders will cast their votes through a postal ballot, with remote e-voting starting on November 24 and concluding on December 23, 2024. The results will be declared by December 24, 2024. This step signifies IL&FS's strategy to enhance its governance structure, potentially improving operational effectiveness. Investors may view this positively as it suggests a commitment to strengthening the board, likely boosting confidence in the company's future direction.