YEAR EVENTS 1989 - Creditcapital Venture Fund (India) Ltd. (CVF) established in the year, the first private sector Venture Capital Company in India. It was set up as a joint venture by Creditcapital Finance Corporation Ltd (CFC) and Bank of India (BOI) with equity participation from Asian Development Bank, Manila (ADB); Commonwealth Development Corporation, London (CDC). - Subsequently, the International Finance Corporation (Washington) subscribed to 12,50,000 equity shares of Rs. 10/- each at a premium of Rs.1/- aggregating Rs. 137.50 lacs. CVF has technical assistance and collaboration with Lazard Ventures, an associate of Lazard Bros. & Co., London. Lazard Ventures is one of the largest Venture Capital Companies in U.K. 1990 - The Company made a public issue of 34,00,000 No. of Equity Shares of Rs.10/- each at par aggregating Rs. 3.40 crores which was oversubscribed 12.09 times. 1991 - The company is proposing to set up a Fund of about Rs.10 crores, dedicated for providing the much needed venture capital in the field of Information Technology. 1993 - The company has received a very heartening response from the international financial institutions to render their support in setting up of new funds. 1995 - The company has launched the second industry specific venture capital fund of the country sponsored and managed by the company with participation from IFCI, SIDBI, UCO Bank, LIC, GIC and several leading private sector players. 1996 - The Company and its institutional shareholders propose to enter into a Management Agreement with IL&FS, for support services for management of the Company. - Mr. S.M. Datta, former Chairman of Unilever group in India, was appointed as the Chairman of the Company and Mr. Hetal Gandhi had been appointed as the Chief Executive Officer. - The Company successfully completed the syndication of two Regional Funds. Uttar Pradesh and Orissa, within the overall framework of the SARA Fund. A Memorandum of Understanding has also been signed with the Madhya Pradesh State Industrial Development Corporation Limited (MPSIDC) for setting up an Equity Fund in Madhya Pradesh. 1998 - Mr. Hetal Gandhi was also appointed as Managing Director of the Company for a term of five years from 9th November. 1999 - The Tamilnadu Infotech Fund (TITF) was set up as a niche fund with an initial cotpus of INR 250 million (US $ 6 million). the objective of TITF was clearly to strengthen the skills of the management team in early stage investments in technology companies. 2000 - The Company is to launch its iCapital Fund in collaboration with Invesco, the private equity arm of US-based Amvescap. - The Company has signed an MoU with INVESCO Private Capital group. - The Company has signed agreement with CDSL & NSDL for dematerialisation. - The Shareholders of the Company have approved the issue of 660,000 convertible warrants, convertible into one equity share, the option being exercisable between 19th July 2000 and 18th July, 2003. 2002- IL&FS Venture Corporation Ltd has informed that the Board of Directors has appointed Mr S A Bhat as a Director of the Company in place of Mr N S Nayak and Mr V V Subramanian has resigned from the Board of Directors of the Company. 2002-IL&FS Venture Corporation Ltd has informed that Mr Shahzaad Dalal has been appointed as the Executive Vice Chairman of the Company and Mr Muneesh Chawla will be the new Managing Director of the Company. 2003 -Infuses $2 mn in Secova eServices, a private startup firm -IL&FS Investment Managers Ltd has informed that Mr. Muneesh Chawla, Managing Director of the Company has tendered his resignation from the services of the company and from the Board of Directors of the company. The BoD has accepted his resignation w.e.f. January 15, 2004. 2004 -IL&FS Investment Managers Ltd has informed that the BoD at their meeting held on January 27, 2004 designated Mr Shahzaad Dalal as the Vice Chairman and Managing Director of the Company. 2006 -IL&FS Investment Managers Ltd has informed that Mr. Narendra Prasad has been appointed as Nominee Director of Bank of India on the Board of the Company in place of Mr. S Hariharan. -IL&FS Investment Managers has given the Bonus in the Ratio of 1:2 2008 -IL&FS Investment Managers Ltd has appointed Mr. Alok Bhargava as an Executive Director of the Company. -The Company has issued Bonus Shares in the Ratio of 1:2. 2009 -Company has splits its Face value of Shares from Rs 10 to Rs 2 2010 - IL&FS Investment Managers Ltd has informed that the Board of Directors of the Company at its meeting held on July 30, 2010, has appointed Mr Jitender Balakrishnan as a Non-executive Independent Director of the Company. 2011 -IL&FS Investment Managers Ltd has informed that the Board of Directors of the Company has recommended a dividend of 75% (Rs. 1.50 per share of the Face Value of Rs. 2/- each). 2012 -IL&FS Investment Managers Ltd has informed that the Board of Directors of the Company has recommended a dividend of 75% (Rs. 1.50 per share of the Face Value of Rs. 2/- each). 2013 -IL&FS Investment Managers Ltd has informed that the Board of Directors of the Company has recommended dividend of 75% (Rs. 1.50 per share of the face value of Rs. 2/- each). -IL&FS Investment Managers Ltd has informed that the Board of Directors of the Company approved the issue of Bonus Shares in the ratio of One Equity Share for every Two Shares held. 2014 -IL&FS Investment Managers Ltd has informed that the Board of Directors of the Company has recommended a dividend of 65% (Rs. 1.30 per share of the Face Value of Rs. 2/- each). 2024 -The Company Announced Scheme of Amalgamation of IL&FS Asian Infrastructure Managers Ltd. and IIML Asset Advisors Ltd. with IL&FS Investment Managers Ltd.