Construction and Engineering
Company Overview of Infrastructure Leasing & Financial Services Limited
Infrastructure Leasing & Financial Services Limited, through its subsidiaries, provides infrastructure development and financial services. The company focuses on the commercialization and development of infrastructure projects and creation of value added financial services. It develops, owns, and operates gas, coal, hydro, and bagasse power generation facilities, as well as power transmission assets in India and internationally. The company also provides services for private equity lifecycle ranging from raising funds, making and planning investments, to restructuring and exits. In addition, it offers fiduciary services in the areas of debt issuances and loans, securitized papers, mutual fun...
The IL&FS Financial Centre
Plot C22, G Block
Bandra Kurla Complex
Founded in 1987
Key Executives for Infrastructure Leasing & Financial Services Limited
Chief Executive Officer, Joint Managing Director, Member of Management Board, Director, Member of Committee of Directors and Member of Risk Management Committee
Group Chief Financial Officer and Member of Administrative Committee
Chief Executive Officer of International and Member of Management Board
Chief Executive Officer of Financial Services and Member of Management Board
Chief Executive Officer of Social Inclusion Group
Compensation as of Fiscal Year 2015.
Infrastructure Leasing & Financial Services Limited Key Developments
Ajay Piramal To Hold 35% In Merger With IL&FS
Oct 1 15
Ajay Piramal, owner of Piramal Enterprises Limited (BSE:500302) will become the promoter with 35% stake in the company to be created by the merger of his financial services business with Infrastructure Leasing & Financial Services Limited. The all-stock deal, which will create a company with revenues of $2.5 billion will be owned 37% by existing institutional shareholders of IL&FS while retail and other foreign investors of Piramal Enterprises will own 28%. Piramal Enterprises board will take up the matter for discussion in a couple of weeks.
Piramal Enterprises To Acquire Control Of IL&FS
Sep 10 15
The investment committee of Life Insurance Corporation of India disclosed that Piramal Enterprises Limited (BSE:500302) is within striking distance of taking control of Infrastructure Leasing & Financial Services Limited (IL&FS). The IL&FS board discussed the contours of the proposed deal a few weeks ago. As per the plan, Piramal will carve out its financial services business and merge it with IL&FS in an all stock deal to create a $2.5-billion company, said two people with direct knowledge of the development. The Piramal board is slated to meet soon to take up the proposal.
Infrastructure Leasing & Financial Services Limited Announces Board Appointments
Sep 2 15
Infrastructure Leasing & Financial Services Limited announced that the Board of Directors meeting held on August 27, 2015, approved the appointment of Mr. Govind Sharma Ramavajjala, General Manager, Treasury/ID Dept/Credit, Central Bank of India as Nominee Director with effect from August 27, 2015. The company appointed Smt. Anshula Kant, Dy. Managing Director & Chief Financial Officer, State Bank of India as Nominee Director with effect from August 27, 2015. The company also appointed Mr. Hatukazu Yamaguchi, Executive Vice President, ORIX Corporation, Japan as Alternate Director to Mr. Hiroshi Nishio with effect from August 28, 2015.
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