Company Profile

INDIA GRID TRUST

NSE : NABSE : 540565ISIN CODE : INE219X23014Industry : Finance - InvestmentHouse : Private
BSE140.79-2.3 (-1.61 % )
PREV CLOSE (Rs.) 143.09
OPEN PRICE (Rs.) 139.20
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 28917
TODAY'S LOW / HIGH (Rs.)137.40 140.88
52 WK LOW / HIGH (Rs.) 95.24 144
NSE
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Company News

Date Heading Details
23-Jul-2021 Board Meeting Intimation for The Meeting To Be Held On July 30, 2021 India Grid Trusthas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2021 ,inter alia, to consider and approve Unaudited Financial Information of India Grid Trust for the quarter ended on June 30, 2021, along with the limited review report; 2) Distribution to unitholders of IndiGrid for Q1 FY 22, subject to the approval of the Board of Directors. The Record Date for the purpose of the above Distribution, if declared, will be August 05, 2021.
07-Jul-2021 Change In Project Manager For Project Spvs Of India Grid Trust This is to inform that, India Grid Trust ('IndiGrid') and Sterlite Power Transmission Limited ('SPTL' or 'Project Manager') have decided to discontinue Project Manager services from SPTL for IndiGrid Project SPVs except for NER II Transmission Limited (NER). Accordingly, the Investment Manager has executed the Deed of Termination for existing Project Implementation & Management Agreement (PIMA) and a separate PIMA for NER on June 30, 2021. Pursuant to the approval of Board of Directors of Investment Manager, IndiGrid has appointed IndiGrid Limited (IGL) as Project Manager for all Project SPVs. Accordingly, the Investment Manager has executed PIMA with IGL for its appointment as a Project Manager for all Project SPVs with the effect from June 30, 2021.
05-Jul-2021 Update Please note that India Grid Trust ('the Trust' or 'the IndiGrid') has received a communication on July 1, 2021, from Sterlite Power Transmission Limited ('SPTL') that the SPTL has created pledge on 20,39,880 Units of the IndiGrid.
03-Jul-2021 India Grid Trust informs about update <p align="justify">India Grid Trust has informed that pursuant to Share Subscription and Purchase Agreement (SSPA) dated April 30, 2019, as amended, Electron IM PTE. Ltd., an affiliate of KKR &amp; Co. Inc., (Electron) has completed acquisition of Subsequent Tranche Shares constituting 14% equity holding of IndiGrid Investment Managers (IIML) (Investment Manager of India Grid Trust) from Sterlite Power Transmission ('the SPTL' or 'the Sponsor'). Post-acquisition, Electron holds 74% stake in IIML.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
27-May-2021 Allotment of Debentures Inter alia, approved: 1. The declaration of distribution of INR 3.10 per unit comprising INR 1.51 in the form of Interest, INR 0.52 in the form of Dividend and INR 1.07 in the form of Principal payment for Q4 FY 21. The record date for this distribution will be June 02, 2021 and payment will be made on or before June 11, 2021. 2. Raising of Debt upto INR 1,050 crore through various sources including term loans, private placement of non-convertible debentures, and/or any other mode as may be permitted under applicable provisions of the InvIT Regulations and other applicable laws
20-May-2021 Board Meeting Intimation for The Meeting To Be Held On May 27, 2021 India Grid Trusthas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2021 ,inter alia, to consider and approve 1. Audited Standalone & Consolidated Financial Information of India Grid Trust for the financial year ended on March 31, 2021, along with the audit reports; 2. Distribution to Unitholders of IndiGrid for Q4 FY 21; 3. Raising of debt through various sources including term loans, private placement of non-convertible debentures, and/or any other mode as may be permitted under applicable law. The Record Date for the purpose of the above Distribution, if declared, will be June 02, 2021.
07-May-2021 Outcome Of Allotment Committee Meeting Held On May 6, 2021 Pursuant to the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended, read with the circulars, notifications and guidelines issued thereunder, & other applicable laws, we hereby inform you that a meeting of the Allotment Committee of the board of directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust ('IndiGrid') was held today i.e. May 6, 2021, wherein the Allotment Committee inter-alia considered & approved in accordance with, (i) the Shelf Prospectus and the Tranche 1 Prospectus, both dated April 22, 2021 and the addendum to the Shelf Prospectus and Tranche 1 Prospectus dated April 26,2021 (collectively, the 'Prospectus'), & (ii) the Basis of Allotment approved in consultation with the Designated Stock Exchange i.e. BSE Limited, the allotment of 1,00,00,000 secured, listed, rated, redeemable, non-convertible debt securities ('NCDs') having a face value of Rs. 1,000 each aggregating to ? 1,000 crores.
07-May-2021 Outcome Of Allotment Committee Meeting Held On May 6, 2021 Pursuant to the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended, read with the circulars, notifications and guidelines issued thereunder, & other applicable laws, we hereby inform you that a meeting of the Allotment Committee of the board of directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust ('IndiGrid') was held today i.e. May 6, 2021, wherein the Allotment Committee inter-alia considered & approved in accordance with, (i) the Shelf Prospectus and the Tranche 1 Prospectus, both dated April 22, 2021 and the addendum to the Shelf Prospectus and Tranche 1 Prospectus dated April 26,2021 (collectively, the 'Prospectus'), & (ii) the Basis of Allotment approved in consultation with the Designated Stock Exchange i.e. BSE Limited, the allotment of 1,00,00,000 secured, listed, rated, redeemable, non-convertible debt securities ('NCDs') having a face value of Rs. 1,000 each aggregating to ? 1,000 crores.
23-Apr-2021 IndiGrid Trust informs about allotment of units on rights basis <DIV align=justify><SPAN>IndiGrid Trust has informed that the Allotment Committee of the Board of Directors (Board) of IndiGrid Investment Managers acting in the capacity of Investment Manager to India Grid Trust (IndiGrid) on April 22, 2021, considered and approved in accordance with the Letter of Offer dated March 23, 2021, Addendum dated April 2, 2021 and the Basis of Allotment finalised in consultation with the Lead Manager, the Registrar to the Rights issue and BSE, the designated stock exchange for the Rights issue, allotment of 116,695,404 Rights Units to the eligible unitholders of IndiGrid for cash at a price of Rs 110.00 per unit aggregating to approximately Rs 12,836.49 million.</DIV><SPAN><DIV align=justify><BR></DIV><DIV align=justify><SPAN>The above information is a part of company's filings submitted to BSE.</DIV><DIV><BR></DIV>
19-Apr-2021 IndiGrid Investment Managers submits RTA certificate <p align="justify">IndiGrid Investment Managers has informed that pursuant to sub-regulation 3 of Regulation 7 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), it enclosed the certificate received from KFin Technologies, Registrar and Transfer Agent (RTA) duly signed by both the Compliance Officer and the Authorised Representative of the RTA of India Grid Trust, certifying Compliance with the Sub-regulation 2 of Regulation 7 of LODR for the half year ended on March 31, 2021.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>