Indian Overseas Bank has informed that Government of India, vide notification number F. No.3/1/2010-IF-I(VoI.IV) dated 21.10.2020, in terms of the provisions of Article 115 (1) (b) (ii) of the Articles of Association (AoA) of India Infrastructure Finance Company (IIFCL), the Central Government has appointed Ajay Kumar Srivastava, Executive Director, Indian Overseas Bank, as Scheduled Commercial Bank (SCB) Nominee Director on the Board of IIFCL with immediate effect until further orders.
The above information is a part of company’s filings submitted to BSE.