IL&FS Investment Managers Limited — Others, 29-06-2025: Disclosure under SEBI Takeover Regulations
29-06-2025 | 08:13 pm
29-06-2025 | 08:13 pm
IL&FS has confirmed that it has not created any new encumbrances on its shares of IL&FS Investment Managers Limited (IIML) beyond those already disclosed during the financial year. The shares held by IL&FS in IIML continue to be part of a security package provided to Debenture Trustees since FY 2013-14 to protect debenture holders' interests. This lien remains in place, but it is not recorded as a pledge in depository records, reflecting the nature of the arrangement. This update reassures investors about the status of shares tied to debt security arrangements.
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