IL&FS Investment Managers Limited — Board Meeting, 21-07-2025: Outcome of Board Meeting

IL&FS Investment Managers' Board has approved its consolidated financial results for the year ended March 31, 2025. The company reported a net profit of ₹14.13 Cr on ₹46.64 Cr revenue, with total assets at ₹239.35 Cr. Auditors issued a qualified opinion citing ongoing SFIO investigations and a subsidiary's non-compliance, also highlighting material uncertainty about the company's going concern due to reduced fee revenue. The Board also appointed Mehta & Mehta as Secretarial Auditors for five years, pending shareholder nod. AGM and dividend dates to be announced soon. Key strategic update: IL&FS is exploring selling its stake in the company.