Business

Centre extends Uday Kotak’s term at IL&FS

The Government of India has extended the term of banker Uday Kotak as non-executive board member and chairman of the scam-tainted Infrastructure Leasing & Financial Services Ltd. (IL&FS) by six months till April 2, 2022.

His current term is scheduled to expire on October 2.

“IL&FS is privileged to enjoy the continued leadership of Mr. Kotak for another six months,” said C.S. Rajan,MD. “ I am confident that under his guidance IL&FS would accomplish the resolution targets set.”


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Printable version | Dec 6, 2021 6:40:45 PM | https://www.thehindu.com/business/centre-extends-uday-kotaks-term-at-ilfs/article36619580.ece

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