In reference to your email dated May 4, 2026 and May 8, 2026, we are uploading the attached letter under the scrip code 533177. However, originally the attached letter was already uploaded ....
IL&FSTRANS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Chandra Shekhar Rajan has resigned as a Director of the Company effective September 30, 2024. His resignation is due to completion of his tenure as Non-Executive Chairman of Infrastructure Leasing and Financial Services Limited (IL&FS), the holding company. In his place, Mr. Feby Koshy has been appointed as an Additional and Nominee Director effective October 1, 2024, pursuant to nomination from IL&FS. Mr. Feby Koshy is currently the CEO of IL&FS Energy Development Company Limited and brings over 30 years of experience in the power sector, having previously worked with GMR Energy, JSW Energy, and BSES Limited.
This represents a routine board change with an internal nominee from the holding company replacing another. The resignation of Chandra Shekhar Rajan, who was associated with IL&FS group's leadership transition, does not indicate any governance concerns and appears to be part of the ongoing resolution of the IL&FS group situation.