News

IndiGrid Investment Managers Limited informed the Bombay Stock Exchange and National Stock Exchange of India that its senior management is scheduled to meet Tribeca Investments in-person on Friday, September 11, 2026.

IndiGrid Infrastructure Trust has executed Securities Purchase Agreements dated September 4, 2026, to acquire Shongtong Power Transmission Limited from Enerica ReGrid Infra Private Limited for an enterprise value not exceeding Rs 53,158 million, subject to closing adjustments. The acquisition, which is a related-party transaction due to a common director with Enerica ReGrid Infra Private Limited, will be completed in one or more tranches post becoming completed and revenue generating project and is subject to unitholder approval. Shongtong Power Transmission Limited was incorporated on June 14, 2023, and is developing a transmission system in Himachal Pradesh with an expected commercial operation date in Q4 of fiscal year 2029.

IndiGrid Infrastructure Trust reported a satisfactory quarterly performance and expressed optimism regarding the government’s recent decision to exempt dividends from taxation for business trusts, though a 10% surcharge will apply. The company anticipates acquiring approximately INR 2,000 crore of projects from EnerGrid this financial year, with full integration expected over the next 2-4 years, and is actively pursuing inorganic opportunities in transmission, solar, and battery storage potentially valued at INR 6,000-8,000 crore. IndiGrid maintains debt headroom up to 70% of its portfolio and typically raises capital when debt reaches 65%, though no equity raise is currently planned. Management cautioned against providing specific net asset value projections due to market volatility.

IndiGrid Investment Managers Limited, the investment manager of IndiGrid Infrastructure Trust, announced the allotment of 35,000 Series A I Non-Convertible Debt Securities with a face value of Rs 100,000 each and a paid-up value of Rs 20,000 each, aggregating to Rs 70 crore, and 75,000 Series A J Non-Convertible Debt Securities with a face value of Rs 100,000 each and a paid-up value of Rs 20,000 each, aggregating to Rs 150 crore, on August 20, 2026. The Series A I instruments have a tenure of 5 years, a coupon rate of 7.44% per annum, and are rated ‘CRISIL AAA/Stable’ and ‘ICRA AAA/Stable’, while the Series A J instruments have a tenure of 10 years, the same coupon rate, and the same credit ratings. The debt securities are partly paid-up, senior, secured, listed, rated, redeemable, and will be privately placed and listed on the BSE.

IndiGrid Investment Managers Limited, the investment manager of IndiGrid Infrastructure Trust, announced it proposes to issue Series AI debt securities of Rs 350 crore and Series AJ debt securities of Rs 750 crore, following approvals from its board meeting on February 12, 2026, for borrowings up to Rs 6,400 crore.