February 4, 2025 – IL&FS Transportation Networks Limited (BSE: 533177, NSE: IL&FSTRANS EQ) has announced the re-appointment of Dr. Rajeev Uberoi as an Independent Director for a term of two years, effective March 27, 2025.
This decision underscores IL&FS Transportation Networks' commitment to strong corporate governance and leadership stability.
Key Details of the Appointment
| Particulars | Details |
|---|---|
| Reason for Change | Re-appointment as Independent Director |
| Date of Appointment | March 27, 2025 |
| Term | Two years |
| Disclosure of Relationships | Dr. Uberoi is not related to any directors of the company |
Profile of Dr. Rajeev Uberoi
Dr. Rajeev Uberoi is a career banker with over 35 years of experience spanning the public, private, and foreign banking sectors. As a lawyer and banker, he has played a key role in several mergers and acquisitions, including:- ANZ-Grindlays and Standard Chartered Bank
- Standard Chartered Bank and American Express Bank
- IDFC demerger into Bank
Regulatory Compliance
The re-appointment aligns with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also confirmed that Dr. Uberoi is not debarred from holding office under any SEBI order.This decision underscores IL&FS Transportation Networks' commitment to strong corporate governance and leadership stability.