Change In Responsibilities Of Mr. Dilip Bhatia, CFO

• Security Code: 533177
• Company: IL&FSTRANS

We hereby inform that considering the strategic priority of monetization of the Company''s project assets and generating liquidity, the Board of Directors at its meeting held today re-designated Mr. Dilip Bhatia, as Chief Strategy Officer responsible for divestment of assets and other strategic initiatives on a dedicated basis

Mr. Bhatia will therefore relinquish his responsibilities as Chief Financial Officer and KMP of the Company with immediate effect

The Company in due course will look for a suitable candidate for appointment as a Chief Financial Officer of the Company