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IL&FS Investment Managers completes acquisition of 86.61% of IL&FS Infra Asset Management

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Capital Market
Last Updated : Jan 04 2017 | 12:03 AM IST

Completes acquisition of % stake of IL&FS AMC Trustee

IL&FS Investment Managers announced that subsequent to Securities and Exchange Board of India approval, the Company has acquired 86.61% stake of IL&FS Infra Asset Management and 100% stake of IL&FS AMC Trustee, in order to acquire the Infrastructure Debt Fund (IDF) business from IL&FS Financial Services.

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First Published: Jan 03 2017 | 4:13 PM IST

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