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11-May2018

IL&FS Investment Managers' arm to surrender Capital Market Service Licence

IL&FS Investment Managers' arm - IIML Fund Managers (Singapore) has received board's approval to surrender its Capital Market Service Licence to the Monetary Authority of Singapore. This step has been taken to rationalize costs and will not have any impact on the company's current fund raising activities. 

IL&FS Investment Managers (IIML), a subsidiary of Infrastructure Leasing & Financial Services (IL&FS), is one of the oldest and largest private equity fund managers in India.



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