HINVDIR

Il&Fs Investsmart Limited has informed the Exchange regarding a Press Release dated November 30, 2007 in connection with E*TRADE FINANCIAL Corporation, USA". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILFS_PR_04122007.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has informed the Exchange that : "The Company had launched Employee Stock Option Plan (ESOP) Scheme by the name ESOP-2006 and the same was approved by the shareholders at the Annual General Meeting of the Company held on July 25, 2006. The Shareholders of the Company had unanimously agreed grant of 4,000,000 Options with equivalent number of equity shares of Rs.10/- each of the company with an authority to the Board and the Compensation Committee to implement the Scheme and to carry out any changes / modifications in the Scheme as it may deem fit. The Compensation Com

Il&Fs Investsmart Limited has informed the Exchange regarding the news item appearing in certain sections of the Indian Press regarding developments at E*TRADE FINANCIAL Corporation, USA, the largest shareholders of the Company and the possible impact of the same on the business of the Company. In this regard Company has issued a press release dated November 14, 2007, titled "Response to the press coverage on IL&Fs Investsmart Limited in relation to the news about E*TRADE Financial Corporation". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under

Il&Fs Investsmart Limited has informed the Exchange regarding Utilisation of funds raised through the Public Issue of Shares and a Statement of Utilisation of funds raised through issue of GDR. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IVC_IPO_31102007.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has submitted to the Exchange the auditor's report in respect of the audited financial results for the quarter and half year ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILFS_auditorreport_26102007.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has informed the Exchange vide its letter dated October 25, 2007 that Mr. Mitchell Caplan, Chief Executive Officer and Director of E*TRADE FINANCIAL Corporation, USA has been appointed as an Additional Director on the Board of the Company. Mr. Mathias Helleu, Managing Director, International Business of E*TRADE FINANCIAL Corporation, USA has also been appointed as Non-Executive Director on the Board of the Company. Mr. Mathias is working with E*TRADE and is in-charge of activities outside America which inter alia covers Europe, Middle East and Asia.

Il&Fs Investsmart Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited consolidated financial results and of the unaudited financial results for the quarter ended June 30, 2007 . The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Investmart_LR.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has informed the Exchange regarding the proceedings of the Annual General Meeting of the Shareholders of the Company held on July 26, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILnFSInvestmartAGMProceedings.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has informed the Exchange that the Company has raised an amount of Rs.11,000 Lakhs through the Initial Public Offer (IPO). Further, the Company had raised an amount of Rs.44,474.60 lakhs through the Gloabl Despository Shares (GDS). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILFS_utilis_2602007.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on July 25, 2007, have inter alia, taken the following decisions: (1) Resignation of Executive Director:- Mr. Girish Nadkarni, Executive Director - Investment Banking & Institutional Equity Business, has indicated his desire to step down. The Board has accepted the resignation of Mr. Girish Nadkarni w.e.f. the closure of the working hours on July 31, 2007. (2) Resignation of Vice-Chairman:- Mr. Arun Saha, Vice-Chairman, has indicated his desire to step down as Vice-Chairman of the

Il&Fs Investsmart Limited has submitted to the Exchange a copy of the Notice of Annual General Meeting of the Company scheduled to be held on July 26, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILFSInvestmart_AGM_16072007.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited had informed the Exchange regarding the Annual General Meeting of the Members of the Company to be held on July 27, 2007 and the Register of Members and the Share Transfer Books of the Company to remain closed from July 20, 2007 to July 26, 2007 (both days inclusive). The Company has now informed the Exchange that the date of Annual General Meeting of the members of the Company has been revised and will now be held on July 26, 2007. Accordingly, the Register of Members and the Share Transfer Books of the Company will remain closed from July 16, 2007 to July 25, 2007 (

Il&Fs Investsmart Limited has informed the Exchange that the Annual General Meeting of the Members of the Company will be held on July 27, 2007. The Register of Members and the Share Transfer Books of the Company will remain closed from July 20, 2007 to July 26, 2007 (both days inclusive) for the purpose of Annual General Meeting and to determine the eligibility of shareholders to receive dividend, if any, for the financial year ended March 31, 2007 that may be approved and declared by the Members at the Annual General Meeting.

Il&Fs Investsmart Limited has informed the Exchange that the Company has raised an amount of Rs.55,474.60 Lakhs through the Initial Public Offer (IPO) and Global Depository Shares (GDS) issue. The details of utilisation of funds received from IPO shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILFS_Utilis_28042007.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited had informed the Exchange that: "The Company had informed the Exchange, vide its letter dated July 25, 2006, the decisions taken at the Board Meeting held on that day pertaining to, inter-alia, appointment of the following officials as Executive Directors (EDs) on the Board of IL&FS Investsmart Limited, subject to necessary statutory approvals: (i) Mr Sachin Joshi, Chief Financial Officer as Executive Director- Finance and Operations.(ii) Mr Sandeep Presswala, Chief Operating Officer - Retail Business as Executive Director - Retail Business.(iii) Mr Girish Nadkarni,

Il&Fs Investsmart Limited has informed the Exchange that "The Board of Directors of the Company at its meeting held today i.e. April 25, 2007, have inter alia, taken the following decision : (1) The Board approved the appointment of Mr. Leslie Whiteford as Managing Director & CEO of the Company w.e.f. May 1, 2007 subject to necessary statutory approvals, in place of Mr. Ramesh Bawa, who has tendered his resignation as Managing Director & CEO w.e.f. the closure of the working hours on April 30, 2007. Mr. Bawa would continue on the Board as a Director."

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors of the Company at its meeting held today i.e. April 25, 2007, have recommended a Dividend of Rs.2.50 per share on equity shares of Rs.10/- each for the Financial Year ended March 31, 2007.

Il&Fs Investsmart Limited has informed the Exchange that "the Committee of Directors of the Company at its meeting held on March 30, 2007 has allotted 5,28,735 Equity Shares of Rs. 10/- each [total consideration Rs. 54/- per share, including premium of Rs. 44/- per share] to eligible employees pursuant to Employees Stock Option Scheme, 2005 (ESOP-2005) of our Company. Kindly note that, in view of the above, the paid-up share capital of the company has increased with effect from March 30, 2007 by Rs. 52,87,350/- from Rs. 69,30,75,380/- to Rs. 69,83,62,730/-. However, the authorised share capita

Il&Fs Investsmart Limited has informed the Exchange regarding the Open Offer to the equity shareholders of IL&FS Investsmart Limited (Target Company) by E*TRADE Mauritius Limited ("Acquirer") alongwith E*TRADE Financial Corporation and Converging Arrows, Inc. (together referred to as the "Persons Acting in Concert") which opened on January 25, 2007 and closed on February 13, 2007. The details of the same are as follows:- 1) Date of opening of the Offer: January 25, 2007. 2) Date of closing of the Offer: February 13, 2007. 3) Offer Price (Rs.): 210.00. 4) Shares acquired in the open offer: 3,4

Il&Fs Investsmart Limited has informed the Exchange that "we already designated an email ID exclusively for the purpose of registering complaints by investors, as follows: grievances@investsmartindia.com".

SBI Capital Markets Limited has informed the Exchange that "This has a reference to the Open Offer to the equity shareholders of IL&FS Investsmart Limited (Target Company) by E*TRADE Mauritius Limited ("Acquirer") alongwith E*TRADE Financial Corporation and Converging Arrows, Inc. (together referred to as the "Persons Acting in Concert") which is opened on Thursday, January 25, 2007 and is slated to close on Tuesday, February 13, 2007. The second corrigendum to the Public Announcement has been published on February 06, 2007 in The Economic Times (English Daily), Navbharat Times (Hindi Daily) a

Il&Fs Investsmart Limited has informed the Exchange regarding the Open Offer to the equity shareholders of IL&FS Investsmart Limited (Target Company) by E*TRADE Mauritius Limited ("Acquirer") alongwith E*TRADE Financial Corporation and Converging Arrows, Inc. (together referred to as the "Persons Acting in Concert"). The offer is slated to open on January 25, 2007 and close on February 13, 2007. Further, the company has submitted to the Exchange a copy of the corrigendum to the Public Announcement published on January 22, 2007 in the newspaper. A copy of the same shall be available on the NSE

SBI Capital Markets Limited has submitted to the Exchange a copy of the public announcement which is published on October 09, 2006. This Public Announcement (the "PA') is being issued by SBI Capital Markets Limited ("Manager to the Offer"), on behalf of E*TRADE Mauritius Limited ("ETM" / "Acquirer") alongwith E*TRADE Financial Corporation ("ETFC") and Converging Arrows Inc. ("CAI") together referred to as the "Persons Acting in Concert" ("PACs") pursuant to and in compliance with the Regulations 10, 12 and other applicable provisions in the Securities and Exchange Board of India (Substantial A

A schedule of the activities pertaining to the offer is given below: - (1) Specified Date: November 03, 2006 (2) Date of opening of the offer - December 01, 2006 (3) Date of closing of the offer - December 20, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ILFSInv_PA_10102006.zip target=NEW> For more details click here.</a>

News Verification : The media had reports that IL&FS Investsmart Limited is likely to announce a buyback offer. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IL&FS Investsmart Limited has vide its letter inter-alia stated, "In this regard, we wish to clarify that the Company's Board of Directors has not at any time in the recent past considered the proposal to buy back shares of the Company and as on date, there

Il&Fs Investsmart Limited had informed the Exchange regarding the resignation of Mr. Hemang Raja as the Managing Director & CEO (MD & CEO) with effect from September 01, 2006. The Company has further informed that the Board of Directors are currently in the process of finalizing the candidate to be appointed as MD & CEO in place of Mr. Hemang Raja. Pending the above, the Board of Directors has authorized Mr. Ramesh C. Bawa, currently working in the capacity of Deputy Managing Director to assume the responsibilities of MD & CEO, in the interim.

Il&Fs Investsmart Limited has submitted to the Exchange a copy of the proceedings of the AGM of the Shareholders of the Company held on July 25,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Il&Fs Investsmart Limited has informed the Exchange that pursuant to Section 192A(2) of the Companies Act, 1956, read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the following resolutions relating to increase in the maximum number of directors to 18 from the maximum of 12 fixed by the Articles of Association and the alteration of articles 128, 129 & 168 of the Articles of Association of the Company to increase the maximum number of Directors from 12 to 18, change in composition of the Board and provide for appointment of Executive Directors and related matters

Il&Fs Investsmart Limited has informed the Exchange that the following decisions were taken at the Board meeting of the Company held on July 25, 2006:(1) Resignation of Managing: Mr Hemang Raja, Managing Director & CEO, has indicated his desire to step down. At the request of E*TRADE, he will continue as Managing Director & CEO until September 01, 2006 and will thereafter remain on Board as an independent director with limited responsibility for guiding specified functions of the Company. E*TRADE would be nominating an additional director on Board with executive responsibilities by September

Il&Fs Investsmart Limited had informed the Exchange that the following decisions were taken at the Board meeting of the Company held on July 25, 2006:- (1) Resignation of Managing Director :- Mr Hemang Raja, Managing Director & CEO, has indicated his desire to step down. At the request of E*TRADE, he will continue as Managing Director & CEO until September 01, 2006 and will thereafter remain on Board as an independent director with limited responsibility for guiding specified functions of the Company. E*TRADE would be nominating an additional director on Board with executive responsibilities

The company has further informed regarding the revised announcement which is as follows :- . (1) Resignation of Managing Director :- Mr Hemang Raja, Managing Director & CEO, has indicated his desire to step down. At the request of E*TRADE, he will continue as Managing Director & CEO until September 01, 2006 and will thereafter remain on Board as an independent director with limited responsibility for guiding specified functions of the Company. E*TRADE would be nominating an additional director on Board with executive responsibilities by September 30, 2006, subject to necessary statutory appro

Il&Fs Investsmart Limited has informed the Exchange that the Company had fixed July 28,2006 as the date on which dividend @ 30% on the paid-up capital of the Company for the Financial Year ended March 31,2006 will be payable, if declared by the Members at the AGM.

Il&Fs Investsmart Limited has informed the Exchange that Board of Directors have approved the proposal to acquire broking business from Apeejay Securities Private Limited, a company belonging to Kolkata based Apeejay Surendra Group.

Il&Fs Investsmart Limited has informed the Exchange that the Company has acquired 100% stake in M/s. Tajir Investment & Properties Limited, Mumbai on a 'going concern' basis. Tajir Investment is a Non-Banking Financial Company (NBFC).

Il&Fs Investsmart Limited has informed the Exchange that the Annual General Meeting of the Members of the Company will be held on July 25, 2006. The Register of Members and the Share Transfer Books of the Company will remain closed from July 15, 2006 to July 25, 2006 (both days inclusive) for the purpose of Annual General Meeting and to determine the eligibility of shareholders to receive dividend, if any, for the financial year ended March 31, 2006 that may be approved and declared by the Members at the Annual General Meeting.

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on April 26, 2006, have inter alia, taken the following decisions :-(1) The Board recommended a Dividend of Rs.3/- on equity shares of Rs.10/- each for the Financial Year ended March 31, 2006; and (3) The Board have given in-principle approval for floating new Employees Stock Option Scheme under the title "IIL-ESOP-2006", subject to the approval of the Shareholders.

Il&Fs Investsmart Limited has informed the Exchange that the Company had sought the approval of the Shareholders by way of Postal Ballot under Section 192A of the Companies Act, 1956, read with the Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001, in respect of the following :- (d) Restructuring and reorganization of business activities of the Company by transfer and / or sale and / or dispose off some of the business divisions of the Company to one or more wholly owned subsidiaries; (e) Revision of emoluments and terms of employment of Mr. Hemang Raja, Managing Director & C

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors, in their meeting held on January 19, 2006, have appointed Mr. Todd Mackay as an additional Director and Mr. Steven Christensen as an alternate director to Mr. Jarrett Lilien with immediate effect.

Il&Fs Investsmart Limited has informed the Exchange that pursuant to Section 192A(2) of the Companies Act, 1956, read with Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the resolutions relating to the restructuring and reorganization of business activities of the Company by transfer and/or sale and/or dispose off some of the business divisions of the Company to one or more wholly owned subsidiaries and revision of emoluments and terms of employment of Managing Director & CEO and Deputy Managing Director are proposed to be passed by postal ballot. The Company has appointed

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors, in their meeting held on January 19, 2006, have approved the restructuring and reorganization of the business activities of the Company in the following manner :- (1) To transfer the following businesses to one or more wholly owned subsidiaries (to be floated or acquired) for cash or kind (including issuance of securities) or in any combination thereof :- (a) Retail broking business; (b) Institutional broking business; (c) Distribution of fixed income products, IPOs, Mutual Funds, etc; (d) Merchant Banking / Inves

Il&Fs Investsmart Limited has informed the Exchange that the Company has executed an agreement with KP Corporate solutions Private Limited (ESOP Direct), a Pune based entity from KPIT Group to acquire 26% stake in the said company. ESOP Direct is engaged in rendering comprehensive end-to-end ESOP advisory and management services to corporates.

Il&Fs Investsmart Limited has informed the Exchange that on January 06, 2006 the Company has issued 2,101,909 GDSs @ US$ 4.28 per GDS representing equal number of underlying equity shares, in response to the Green Shoe Option exercised by the Investment Bankers for the Company's GDS issue.

Il&Fs Investsmart Limited has informed the Exchange that T. Rowe Price Associates, Inc., on behalf of itself and its affiliates has acquired 48,40,000 shares aggregating to 7.47% of the total share capital of IL& FS Investsmart Limited on December 14, 2005. The mode of acquisition is Pre-exercise of greenshoe and the shareholding of T. Rowe Price Associates, Inc., on behalf of itself and its affiliates after the said acquisition is 55,69,595 shares aggregating to 8.59% of the total share capital of IL& FS Investsmart Limited.

Il&Fs Investsmart Limited had informed the Exchange about the opening of the company's GDR issue.The company has now informed that IL&FS Investsmart has successfully raised US $ 98.96 Million through issue of 23,121,000 GDRs (including Green Shoe). Each GDR was priced at US $ 4.28 and represents one underlying share and will be listed on the Luxembourg Stock Exchange. The GDRs were placed through a book building exercise. Citigroup and CLSA acted as joint bookrunners and joint lead managers and Kotak Mahindra Securities as advisors on this transaction.

Il&Fs Investsmart Limited had informed the Exchange regarding the Company's proposal to launch the GDR issue of not exceeding US$ 99 million in aggregate. In this regard, the Company has now informed that the said GDR issue has opened on December 12, 2005.

Il&Fs Investsmart Limited has informed the Exchange that FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries have acquired 1,01,915 shares aggregating to 0.23% of the total paid up capital of IL & FS Investsmart Limited on November 14, 2005. The mode of acquisition is through Open Market and the shareholding of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries after the said acquisition is 21,90,660 shares aggregating to 5.00% of the

Fidelity International has informed the Exchange that FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries have acquired 1,01,915 shares aggregating to 0.23% of the total paid up capital of IL & FS Investsmart Limited on November 14, 2005. The mode of acquisition is through Open Market and the shareholding of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries after the said acquisition is 21,90,660 shares aggregating to 5.00% of the tot

Il&Fs Investsmart Limited has informed the Exchange that FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries have sold 120,000 shares aggregating to 0.27% of the total paid up capital of IL & FS Investsmart Limited on October 17, 2005. The mode of sale is through Open Market and the shareholding of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries after the said sale is 21,57,944 shares aggregating to 4.93% of the total paid up capita

Fidelity International has informed the Exchange that FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries have sold 120,000 shares aggregating to 0.27% of the total paid up capital of IL & FS Investsmart Limited on October 17, 2005. The mode of sale is through Open Market and the shareholding of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries after the said sale is 2,157,944 shares aggregating to 4.93% of the total paid up capital o

Il&Fs Investsmart Limited has informed the Exchange that FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries have acquired 333,196 shares aggregating to 0.76% of the share capital of IL & FS Investsmart Limited on October 11, 2005. The mode of acquisition is through Open Market and the shareholding of FMR Corp and its direct and indirect subsidiaries and Fidelity International Limited (FIL) and its direct and indirect subsidiaries after the said acquisition is 2,436,294 shares aggregating to 5.56% of the share capi