IL&FS Investment Managers Limited — Others, 26-06-2025: Disclosure under SEBI Takeover Regulations
26-06-2025 | 09:30 pm
26-06-2025 | 09:30 pm
IL&FS has confirmed that no new encumbrances on its shares in IL&FS Investment Managers Limited (IIML) have been created during the financial year. Shares held by IL&FS as a promoter in IIML continue to be part of a security package offered to the Debenture Trustee since FY 2013-14 to protect debenture holders’ interests. This lien is not recorded as a formal pledge, reflecting the nature of the transaction. This update clarifies the status of share security, providing transparency on IL&FS’s shareholding collateral structure to stakeholders.
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