HINVDIR

Hsbc Investdirect (India) Limited has informed the Exchange that with a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of the Company, vide resolution passed on May 19, 2010, approved discontinuation of the Merchant Banking Business by HSBC InvestDirect Securities (India) Ltd. (HISL) and surrender of its Merchant Banking Licence of Securities and Exchange Board of India. HISL continues to be a trading member of the Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd in the Cash and Futures & Options Segments and will focus its

Hsbc Investdirect (India) Limited has informed the Exchange that "With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of HSBC InvestDirect (India) Limited ("the Company"), vide resolution passed on January 28, 2010, approved discontinuation of the institutional equities broking business by HSBC InvestDirect Securities (India) Limited (HISL). HISL continues to be a trading member of the Bombay Stock Exchange Limited and National Stock Exchange of India Limited in the Cash and Futures & Options Segments and will focus its efforts on the reta

Hsbc Investdirect (India) Limited has informed the Exchange that: "With a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors, vide resolution passed on January 5, 2010, approved discontinuation of the insurance broking business by IL&FS Investsmart Insurance Brokers Limited (IIIBL) and surrender of its Insurance Broker Licence to Insurance Regulatory and Development Authority. The Company owns 45% of the total paid up capital of IIIBL".

Il&Fs Investsmart Limited has informed the Exchange that "The Board of Directors, vide resolution passed on August 13, 2009, have approved surrender of the Capital Markets Services Licence granted by the Monetary Authority of Singapore for 'Dealing in Securities' to IL&FS Investsmart Asia Pacific Private Limited, Singapore, a wholly owned subsidiary of the Company".

Il&Fs Investsmart Limited has submitted to the Exchange the Abstract and Memorandum under Section 302 of the Companies Act, 1956 sent to the Shareholders for the appointment of Mr. Manasije Mishra as Managing Director & CEO of the Company on November 28, 2008. 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_NOT_24122008.zip target=NEW> For more details click here.</a>

Il&Fs Investsmart Limited has informed the Exchange that: "A major shareholder has advised us that they are exploring the possibility of selling all or part of their shareholding in the Company to a third party. The said shareholder and the third party are discussing the proposed transaction in consultation with the Company".