IL&FS Investment Managers Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

IL&FS Investment Managers has announced a board meeting to approve the financial results for the quarter and half-year. The firm posted a net loss of ₹2.18 Cr, hit by lower fee income as most managed funds have matured and a sharp drop in other income from missing dividends. A final dividend of ₹0.28 per share has been proposed, to be paid from reserves. Consolidated results are pending due to subsidiary audits. Despite revenue pressures and ongoing investigations, the company remains operational.