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Our Bureau

Mumbai , May 2

IL&FS Investment Managers Ltd on Tuesday said it raised additional $95 million from foreign investors for the Infrastructure Leasing & Financial Services Realty Fund. In a notice to the Bombay Stock Exchange (BSE), the company said it had achieved a "second closing for foreign investors and the total size of the fund stood at about $502.57 million (Rs 2,258 crore)."

IL&FS Investment Managers would seek further commitments from international investors and expects to achieve a final closing shortly, it said.

The company's share prices ended higher at Rs 208.40 on the BSE, compared to the previous close of Rs 207.65.

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