IL&FS Investment Managers Limited — Others, 26-06-2025: Disclosure under SEBI Takeover Regulations
26-06-2025 | 08:14 pm
26-06-2025 | 08:14 pm
IL&FS has confirmed no new encumbrances on its shares of IL&FS Investment Managers Limited beyond those already disclosed in the current financial year. The shares continue to be part of a security package provided to the Debenture Trustee since FY 2013-14 to protect debenture holders' interests. This arrangement includes a lien on the shares but is not recorded as a pledge, as it does not constitute a "loan against securities." This clarity on share encumbrance status is important for stakeholders tracking the company's pledged assets and credit exposure.
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