IVC:The Exchange had sought clarification from IL&FS Investment Managers Limited with respect to announcement dated 23-Mar-2024, regarding appointment of Mr Munish Saraogi as an Independent Non-Executive Director of the Company. On basis of above the Company was required to clarify following: 1. Affirmation that the Director being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. The response of the Company is attached.