IL&FS Transportation Networks Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF Explain this filing

IL&FSTRANS · price

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On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. Kaushik Modak (DIN: 01266560) has resigned as a Director of IL&FS Transportation Networks Limited, effective February 20, 2026. The company has disclosed this change under SEBI Listing Regulations, attaching his resignation letter and required details as annexures. The resignation is routine in nature, with the outgoing director thanking the Board and management for their cooperation during his tenure. No specific reason for resignation has been stated.

Likely market impact

A single board-level exit without any disclosed reason may raise minor governance questions, but with no indication of disputes or audit concerns, the immediate impact on shareholders or stock price is expected to be limited.