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IL&FS Engineering Shareholders Clear Second Term for Two Independent Directors

Story Highlights
  • IL&FS Engineering shareholders approved special resolutions reappointing two independent directors.
  • The postal-ballot e-vote showed overwhelming promoter and public support, reinforcing board continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IL&FS Engineering Shareholders Clear Second Term for Two Independent Directors

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The latest announcement is out from IL&FS Engineering & Construction Co. Ltd. ( ($IN:IL&FSENGG) ).

IL&FS Engineering and Construction Company Limited has announced that shareholders have approved, via postal ballot conducted through electronic voting, the special resolutions for the re-appointment of Mr. Subrata Kumar Atindra Mitra and Dr. Jagadip Narayan Singh as Independent Directors for a second five-year term from 15 January 2026 to 14 January 2031. The scrutinizer’s report confirms that the resolutions were passed with an overwhelming majority, particularly with full support from the promoter group and strong backing from public non-institutional shareholders, reinforcing board continuity and governance stability for the company.

More about IL&FS Engineering & Construction Co. Ltd.

IL&FS Engineering and Construction Company Limited operates in the infrastructure and construction sector, providing engineering and construction services across projects in India. The company is listed on both BSE and the National Stock Exchange under the symbol IL&FSENGG, and its shareholder base includes promoters, institutional investors and public non-institutional shareholders.

Average Trading Volume: 8,633

Current Market Cap: 3.52B INR

See more data about IL&FSENGG stock on TipRanks’ Stock Analysis page.

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