HINVDIR

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 29, 2009 have inter alia, taken the following decisions: (1) The Board approved the proposal to register the Company with Reserve Bank of India as Non deposit taking Non Banking Finance Company in terms of RBI circular No. DNBS (PD) C.C. No. 81/03.05.02/2006-07.(2) The Board approved to change the name of the Company from IL&FS Investsmart Limited to HSBC InvestDirect (India) Limited subject to the approval of the Shareholders of the Company.

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 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 BODs took the following decisions at their meeting held on September 02, 2005: (1) The Board approved raising of share capital in the International Capital Markets not exceeding US$ 90 mn excluding Green Shoe Option by way of Global Depository Receipts (GDRs). (2) The Board approved floating of subsidiaries for establishing offices in Dubai and Singapore for pursuing capital market and other related business activities. (3) The Board approved increase in the paid-up capital of the following three subsidiaries in the following manner: