investors login
Shareholder -- Notices/Updates
Notices/Updates
  • A meeting of the Board of Directors of the Company will be held on Friday, November 10, 2017 inter alia to take on record, the Financial Results of the Company for the quarter and half year ended September 30, 2017

  • Scrutinizer's report on voting results of the 31st Annual General Meeting of the Company held on
    September 6, 2017

  • Proceedings of 31st Annual General Meeting of the Company

  • At the Annual General Meeting to be held on September 6, 2017, following re-appointment/appointment are proposed:
    • Re-appointment of Mr Ravi Parthasarathy
    • Appointment of Mr Sunil Mehta as a Non-Executive Independent Director
    • Appointment of Ms Shubhalakshmi Panse as a Non-Executive Independent Director

  • Advertisements in respect of the notice of the Annual General Meeting to be held on September 6, 2017 and book closure dates of the Company as published on August 17, 2017 in (a) The Economic Times (in English) (b) Pratyaksha (in Marathi)

  • In compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company is pleased to provide to the members facility of remote e-voting. The Company has appointed National Securities Depository Limited (NSDL) to provide e-voting facility to its members. The remote e-voting details are as below : 

    • Remote e-voting start day, date & time : Sunday, September 3, 2017 at 9 a.m.
    • Remote e-voting end day, date & time : Tuesday, September 5, 2017, at 5 p.m
    • The cut-off date (record date) for members eligible for remote e-voting is August 30, 2017

    For details, please refer to Note No. 10 of the Annual General Meeting Notice

  • The Board of Directors of the Company at its meeting held on July 31, 2017, have approved the appointment of Ms Shubhalakshmi Panse as a Non-Executive Independent Director of the Company subject to the approval of the Shareholders of the Company

  • The Annual General Meeting of the Company will be held on Wednesday, September 6, 2017, at 11 a.m. at the Walchand Hirachand Hall, IMC Chamber of Commerce and Industry, IMC Building, IMC Marg, Churchgate, Mumbai 400 020

  • The book closure for the purpose of dividend for the year ended March 31, 2017, will be from August 31, 2017 to September 6, 2017 (both days inclusive)

  • The dividend for the financial year 2016-2017 will be paid on or after September 8, 2017 subject to the approval of the shareholders at the Annual General Meeting to be held on September 6, 2017

  • Advertisements in respect of the notice of the Board Meeting to be held on July 31, 2017 as published on July 6, 2017 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)

  • The Board Meeting of the Company to consider, inter alia, the Unaudited Financial Results of the Company for the quarter ended June 30, 2017 will be held on July 31, 2017

  • The Board of Directors of the Company at its meeting held on May 29, 2017, inter alia, recommended a dividend of 30% (₹ 0.60 per share of the Face Value of ₹ 2/- each). The payment of the dividend is subject to approval of shareholders in the ensuing Annual General Meeting of the Company

  • The Board at its Meeting held on May 29, 2017 have approved the appointment of Mr Krishna Kumar as the Chief Executive officer of the Company. The appointment of Mr Krishna Kumar as the Chief Executive Officer is in the capacity of a Key Managerial Personnel of the Company pursuant to Section 203 of the Companies Act, 2013

  • Merger of Wholly owned Subsidiaries
    The Supreme Court of Mauritius has approved the Scheme of Arrangement and Amalgamation between IIML Advisors LLC and IL&FS Investment Advisors LLC and the said Court Order has been filed with Registrar of Companies, Mauritius

  • Advertisements in respect of the notice of the Board Meeting to be held on May 29, 2017 as published on May 4, 2017 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)

  • The Board Meeting of the Company to consider, inter alia, the Audited Financial Results of the Company for the year ended March 31, 2017 and to consider declaration of dividend for the year 2016-2017 will be held on May 29, 2017


  • Dr Archana Hingorani, Executive Director and Chief Executive Officer has tendered her resignation due to personal reasons. The same has been accepted by the Board. Dr Hingorani will continue in her current role till April 30, 2017


  • Merger of Wholly owned Subsidiaries
    The Boards of IIML Advisors LLC (Merging Entity) and IL&FS Investment Advisors LLC (Surviving Entity), both wholly owned subsidiaries of IL&FS Investment Managers Limited (IIML) have approved a Scheme of Arrangement and Amalgamation by which IIML Advisors LLC will merge into IL&FS Investment Advisors LLC. The Scheme is subject to the approval of the Supreme Court of Mauritius and if approved will be effective after the Court Order is filed with the Registrar of Companies

    These companies have requested the Company being their sole shareholder to provide its consent for the Scheme of Arrangement and Amalgamation. The Company has granted it’s no objection for the proposal

    We are submitting the following details:
    • Name of the entity(ies) forming part of the amalgamation/merger : IIML Advisors LLC (Merging Entity) and IL&FS Investment Advisors LLC (Surviving Entity). Both are wholly owned subsidiaries of the Company
    • Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arms length": No
    • Area of business of the entity(ies): Fund management
    • Rationale for amalgamation/ merger: The primary drivers for proceeding with the Scheme is to ensure a streamlined and simplified group structure, rationalisation of operation and administration cost, consolidation of investments and operations in a single entity, and improvement in the financial performance of the Surviving entity
    • In case of cash consideration – amount or otherwise share exchange ratio: One fully paid-up Ordinary Share of USD 1 each in the Surviving Entity shall be issued and allotted for One Ordinary Share held in the Merging Entity. One Redeemable Participating Share of USD 0.01 each in the Surviving Entity shall be issued for One Redeemable Participating Share held in the Merging Entity.
    • Brief details of change in shareholding pattern (if any)of listed entity: No change in shareholding of the Surviving entity as IIML shall continue to be sole shareholder of Surviving entity

  • Advertisements in respect of despatch of notices along with the Postal Ballot forms to the shareholders pursuant to Section 110 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014 as published on January 17, 2017 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)

  • Advertisements in respect of the notice of the Board Meeting to be held on February 13, 2017 as published on January 12, 2017 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)

  • The Board Meeting of the Company to consider, inter alia, the Unaudited Financial Results of the Company for the quarter ended December 31, 2016 will be held on February 13, 2017

  • The Board at its Meeting held on January 4, 2017 approved the appointment of M/s. BSR & Associates LLP, Chartered Accountants, as the Joint Auditor of the Company, subject to the approval of the shareholders. M/s. BSR & Associates LLP, Chartered Accountants, shall be entitled to hold the office of the Joint Statutory Auditors of the Company up to the conclusion of ensuing Annual General Meeting

  • Subsequent to Securities and Exchange Board of India approval, the Company has acquired 86.61% stake of IL&FS Infra Asset Management Limited and 100% stake of IL&FS AMC Trustee Limited, in order to acquire the Infrastructure Debt Fund (IDF) business from IL& FS Financial Services Limited

  • IL&FS Transportation Network Limited has set up a Trust 'IL&FS Transportation Investment Trust'. The said Trust has received in principle approval from SEBI for registration as an Infrastructure Investment Trust under the SEBI (Infrastructure Investment Trusts) Regulations, 2014, for holding road assets. IIML Asset Advisors Limited, a wholly owned subsidiary of the Company, shall act as the Investment Manager to the said Trust

  • The Company has set up a subsidiary namely, 'Andhra Pradesh Urban Infrastructure Asset Management Limited' (APUIAML) along with the Government of Andhra Pradesh. The Company and the Government of Andhra Pradesh have invested ₹ 10.2 Crores and ₹ 9.8 Crores to hold 51% : 49% equity stake, respectively in APUIAML. APUIAML has been formed with an objective of acting as a Manager for Urban Infrastructure in the State of Andhra Pradesh as well as Fund Manager for the Andhra Pradesh Urban Development Fund (APUDF). APUDF will be created with the objective to finance the Urban Local Bodies in the State of Andhra Pradesh. APUIAML will also be involved in integrated urban infrastructure project development and program management for the Urban Local Bodies and provide end to end solutions to them. APUIAML will help the State Government of Andhra Pradesh to set up, institutionalize and manage APUDF by mobilizing resources from different sources like banks and financial institutions, including private sector arms of multilateral and bilateral agencies and by leveraging government and other financial assistances. These funds would be deployed in the urban areas on various infrastructure projects including PPP projects

  • The Company had decided to acquire 86.61% stake of IL&FS Infra Asset Management Limited and 100% stake of IL&FS AMC Trustee Limited and necessary approvals of the Securities and Exchange Board of India have now been received

  • The Company has achieved the Final Closing for investors to the Tara India Fund IV and has raised capital commitments of US$ 60 mn

  • Advertisements in respect of the notice of the Board Meeting to be held on November 14, 2016 as published on October 28, 2016 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)

  • The Board Meeting of the Company to consider, inter alia, the Audited Financial Results of the Company for the quarter and half year ended September 30, 2016 which was scheduled to be held on November 2, 2016 will now be held on November 14, 2016

  • Advertisements in respect of the notice of the Board Meeting to be held on November 2, 2016 as published on October 14, 2016 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)  

  • The Board Meeting of the Company to consider, inter alia, the Audited Financial Results of the Company for the quarter and half year ended September 30, 2016 will be held on November 2, 2016

  • The Board of Directors of the Company at its meeting held on August 8, 2016, approved the appointment of Mr Sunil Mehta as a Non-Executive Independent Director of the Company

  • At the Annual General Meeting of the Company held on August 8, 2016, at Mumbai,
    • The Chairman ordered poll to be taken on all the resolutions to be passed at the meeting pursuant to Section 109(1) of the Companies Act, 2013

    • The Chairman appointed the Scrutinizer for e-voting - Mr Akshar J Patel of M/s Jagdish Patel & Co., Practicing Company Secretaries as the Scrutinizer for the poll

    • The Chairman then informed the shareholders that the combined results of e-voting and Poll shall be posted on the Company’s website and NSDL and shall also be notified to the stock exchanges

    • Thereafter the poll was taken on following resolutions :
      • Adoption of the Audited Balance Sheet as at March 31, 2016 and the Statement of Profit & Loss for the year ended as on that date and the Reports of Auditors and Directors thereon

      • Dividend of 60% on the Equity Shares (₹ 1.20 per share of the Face Value of (₹ 2/- each) for the year ended March 31, 2016

      • Re-appointment of Mr Vibhav Kapoor as a Director of the Company

      • Ratification of the appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants, as Statutory Auditors of the Company from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting, at a remuneration to be fixed by the Board of Directors of the Company

      • Appointment of Mr Hari Sankaran as a Director of the Company

      • Appointment of Dr Archana Hingorani as the Whole-time Director (designated as the Chief Executive Officer & Executive Director) of the Company for a period of five years with effect from April 20, 2016

      • Approval of the New Articles of Association of the Company

  • At the Annual General Meeting to be held on August 8, 2016, following re-appointment/appointment are proposed:
    • Re-appointment of Mr Vibhav Kapoor

    • Appointment of Mr Hari Sankaran as a Director

    • Appointment of Dr Archana Hingorani as a Whole-Time Director

  • Advertisements in respect of the notice of the Board Meeting to be held on August 8, 2016 as published on July 20, 2016 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)

  • A Meeting of the Board of Directors of the Company will be held on Monday, August 8, 2016, inter alia, to take on record, the Unaudited Financial Results of the Company for the quarter ended June 30, 2016

  • Advertisements in respect of the notice of the Annual General Meeting to be held on August 8, 2016 and book closure dates of the Company as published on July 11, 2016 in (a) The Economic Times (in English) (b) Pratyaksha (in Marathi)

  • The Board of Directors at its meeting held on July 11, 2016, decided to subscribe 200,000 Equity Shares issued by IIML Asset Advisors Limited (IAAL), its wholly owned subsidiary. The shares will be subscribed at a price of Rs 190/- per share for a total consideration of Rs 38,000,000/-

  • In compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company is pleased to provide to the members facility of remote e-voting (i.e. voting electronically from a place other than the venue of the general meeting). The Company has appointed National Securities Depository Limited (NSDL) to provide e-voting facility to its members. The remote e-voting details are as below :
    • Remote e-voting start day, date & time : Friday, August 5, 2016 at 9.00 a.m

    • Remote e-voting end day, date & time : Sunday, August 7, 2016 at 5.00 p.m.

      For details, please refer to Note No. 10 of the Annual General Meeting Notice

  • The Annual General Meeting of the Company will be held on Monday, August 8, 2016, at 12 noon at the Rangaswar Hall, Y B Chavan Centre, General Jagannathrao Bhosale Marg, Opposite Mantralaya, Mumbai 400 021


  • The book closure for the purpose of dividend for the year ended March 31, 2016, will be from August 2, 2016 to August 8, 2016 (both days inclusive)


  • The dividend for the financial year 2015-2016 will be paid on or after August 11, 2016 subject to the approval of the shareholders at the Annual General Meeting to be held on August 8, 2016


  • Mr Jitender Balakrishnan, Non-Executive Independent Director of the Company has resigned as a Director of the Company


  • The Board of Directors of the Company at its meeting held on May 3, 2016, inter alia, recommended a dividend of 60% (₹ 1.20 per share of the Face Value of ₹ 2/- each). The payment of the dividend is subject to approval of shareholders in the ensuing Annual General Meeting of the Company


  • The change in the composition of the Board of Directors of the Company as approved at the Board Meeting held on May 3, 2016, is as follows:
    • Mr Siddharth Mehta, Non-Executive Independent Director of the Company has resigned as a Director of the Company

    • Mr Shahzaad Dalal, Non-Executive Director of the Company has resigned as a Director of the Company


  • The Board of Directors of the Company at its meeting held on May 03, 2016, has approved the following:
    • The Company currently holds 51% shares in its subsidiary, IL&FS Asian Infrastructure Managers Limited (lAIML). The balance 49% shares are held by ORIX Corporation, Japan. The Board decided to acquire the balance 49% holding of ORIX Corporation, Japan i.e. 2,250,000 shares of lAIML at a price of ₹ 12.34 per share or for a total consideration of ₹ 27,765,000/-. This acquisition will make lAIML a 100% subsidiary of the Company. The transaction is being done at a price based on an Independent Valuation.

    • Amendment to the Articles of Association of the Company to adhere to the new Companies Act, 2013


  • Advertisements in respect of the notice of the Board Meeting to be held on May 3, 2016 as published on April 18, 2016 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)


  • The Board Meeting of the Company to consider, inter alia, the Audited Financial Results of the Company for the year ended March 31, 2016 and to consider declaration of dividend for the year 2015-2016 will be held on May 3, 2016


  • The Board of Director at their meeting held on February 10, 2016, inter alia, approved :
    • Appointment of Mr Hari Sankaran as a Director with effect from February 10, 2016

    • Re-appointment of Dr Archana Hingorani as Chief Executive Officer & Executive Director for a period of five years with effect from April 20, 2016

  • Advertisements in respect of the notice of the Board Meeting to be held on February 10, 2016 as published on January 22, 2016 in (a) The Free Press Journal (in English) (b) Pratyaksha (in Marathi)


  • The Board Meeting of the Company to consider, inter alia, the Unaudited Financial Results of the Company for the quarter ended December 31, 2015 will be held on Wednesday, February 10, 2016