Board Meeting-Outcome of Board Meeting

• Security Code: 533177
• Company: IL&FSTRANS

Please note that the Board of Directors at their meeting concluded today at 6.15 p.m. decided to:

1) seek approval of the Shareholders for raising of funds by issue of Non-Convertible Debentures on private placement basis from time to time to the extent of Rs. 3,500 Crore

2) not to recommend any dividend on equity shares for the FY 2017-18

3) publish only Standalone Financial Results for the first three quarters and the Standalone & Consolidated Results for the last quarter ending on March 31, 2019