Company Profile

INDIA GRID TRUST

NSE : NABSE : 540565ISIN CODE : INE219X23014Industry : Finance - InvestmentHouse : Private
BSE144.50-0.73 (-0.5 % )
PREV CLOSE (Rs.) 145.23
OPEN PRICE (Rs.) 145.50
BID PRICE (QTY) 144.51 (200 )
OFFER PRICE (QTY) 144.99 (100 )
VOLUME 1834
TODAY'S LOW / HIGH (Rs.)144.16 145.50
52 WK LOW / HIGH (Rs.) 107.49 145.99
NSE
This Company is not listed in NSE

Company News

Date Heading Details
30-Nov-2021 Announcement under Regulation 30 (LODR)-Change in Directorate The meeting 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. November 30, 2021, wherein the Board appointed: 1) Ms. Jayashree Vaidhyanathan as an Independent Director for a term of 5 years with effect from November 30, 2021; 2) Mr. Hardik Shah as a Non-executive Director with effect from November 30, 2021.
22-Nov-2021 Bidding Outcome For Transmission Project Under TBCB In terms of Regulation 23 of SEBI (Infrastructure Investment Trusts) Regulations, 2014 and other applicable laws and regulations, this is to inform that the consortium of IndiGrid 1 Limited and IndiGrid 2 Limited (wholly owned subsidiaries of India Grid Trust) participated in the tariff based competitive bidding to establish 'Transmission system for evacuation of power from Renewable (RE) Projects in Osmanabad area (1 GW) in Maharashtra' on build, own, operate and maintain (BOOM) basis by REC Power Development and Consultancy Limited. Estimated cost for the same is around INR 170 Cr. Our bid of 16.74 Cr levelized tariff has been noted as L1 during the reverse auction conducted on 18th November 2021. We await receipt of Letter of Intent and will release necessary intimation in due course. You are requested to take the same on your record.
18-Nov-2021 India Grid Trust informs about disclosure <div align="justify"><span>India Grid Trust has informed that the Company has received a disclosure from Pratik Agarwal, Non-executive Director of Investment Manager of IndiGrid, regarding sale of IndiGrid units.</span></div><font face="sans-serif"><span><div align="justify"><br></div></span></font><div align="justify"><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div><div><br></div>
21-Oct-2021 Board Meeting Intimation for The Meeting To Be Held On October 27, 2021 India Grid Trusthas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2021 ,inter alia, to consider and approve 1) Unaudited Financial Information of India Grid Trust for the quarter and half year ended on September 30, 2021, along with the limited review report; 2) Distribution to unitholders of IndiGrid for Q2 FY 22; 3) Raising of debt through various sources including term loans, 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 November 2, 2021.
14-Oct-2021 Announcement under Regulation 30 (LODR)-Monitoring Agency Report Pursuant to circular no. CIR/IMD/DF/127/2016 dated November 29, 2016, and other applicable provisions, we are submitting the Monitoring Agency Report for the quarter ended September 30, 2021, issued by Axis Bank Limited, Monitoring Agency, appointed to monitor the utilization of proceeds of the Rights Issue of India Grid Trust. The entire money raised by IndiGrid through Rights Issue, during the quarter ended June 30, 2021, has been utilized for the objects as stated in the Letter of Offer dated March 23, 2021.
01-Sep-2021 India Grid Trust informs about disclosure <p align="justify">Pursuant to the code of Internal Procedures and Conduct for Regulating, Monitoring, and Reporting of trading by Designated Person(s) of the India Grid Trust ('IndiGrid'), IndiGrid has received a disclosure from Sterlite Power Transmission (SPTL) regarding the sale of IndiGrid units. The Company enclosed a copy of the aforesaid SPTL Disclosure.</p><p align="justify">The above information is a part of company's filings submitted to BSE.<br></p>
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>
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>
24-Mar-2021 Indigrid Investment Managers informs about updates on rights issue of India grid trust <p align="justify">In furtherance to intimation dated March 23, 2021, Indigrid Investment Managers has informed that Letter of Offer as approved by the Board of Directors (Board) of IndiGrid Investment Managers acting in the capacity of Investment Manager to India Grid Trust (IndiGrid) has been filed with BSE and National Stock Exchange of India and the same is available on website of IndiGrid i.e. https://indigrid.co.in/download-investor.html. Also, FAQs regarding Rights issue of IndiGrid is available on the IndiGrids website i.e. https://indigrid.co.in/download-investor.html.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>