Govt reshuffles IL&FS board
The Free Press Journal|September 28, 2022
C S Rajan becomes Non-Executive Chairman
Govt reshuffles IL&FS board

New Delhi: The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the Non-Executive Chairman.

Nand Kishore, who was serving as an executive director, has been made the Managing Director, according to the company.

In the wake of financial misdoings coming to light, the corporate affairs ministry had superseded the board of IL&FS in October 2018.

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