IndiGrid Infrastructure Trust , a prominent infrastructure investment trust, has issued a revised postal ballot notice to its unitholders, correcting minor numerical errors in the maximum number of units to be allotted in its proposed preferential issue. The trust is seeking approval for a significant capital raise through a preferential allotment of units.

Key Details of the Preferential Issue

Investor Profile

The preferential issue targets a diverse group of institutional and private investors, including:

• Pension funds
• Insurance companies
• Private entities

Use of Proceeds

The funds raised through this preferential issue are intended for various purposes:

1. Repayment of existing debt facilities
2. Investments in direct or indirect subsidiaries for project development or expansion
3. Acquisition of infrastructure assets
4. Investment in listed or unlisted debt of infrastructure sector companies
5. Issue expenses

Voting Process and Timeline

• Relevant Date: October 3, 2025
• E-voting Period: October 14 to November 3, 2025
• Results Declaration: On or before November 4, 2025

Impact on Unitholding Pattern

Post-issue, the public unitholding is expected to increase marginally from 98.73% to 98.77%, while the sponsor and sponsor group holding will slightly decrease from 1.27% to 1.23%.

Regulatory Compliance

IndiGrid Infrastructure Trust confirms its compliance with the eligibility criteria set by SEBI for such preferential issues, including:

• Continuous listing of units for at least six months
• Adherence to continuous listing and disclosure obligations
• Absence of fugitive economic offenders among promoters, directors, or trustees

Lock-in Period

The allotted units will be subject to a lock-in period as prescribed by SEBI regulations. Additionally, the pre-issue unitholding of the allottees will be locked in from the relevant date up to six months from the date of trading approval.

This revised notice demonstrates IndiGrid Infrastructure Trust's commitment to transparency and regulatory compliance while pursuing its growth and capital management strategies. The successful completion of this preferential issue could strengthen the trust's financial position and support its infrastructure development initiatives.

IndiGrid Infrastructure Trust , a leading infrastructure investment trust, has announced plans for a significant capital raise through a preferential issuance of units. The trust is seeking unitholder approval to issue up to 28,055,919 units at ₹168.77 per unit, aiming to raise ₹473.50 crores.

Key Details of the Proposed Issuance

Voting Process and Timeline

Allocation Highlights

The largest allocation in this preferential issue is earmarked for the NPS Trust-SBI Pension Fund Scheme (State Govt), which is set to receive units worth ₹100.00 crores.

Purpose of Fundraising

The proceeds from this issuance are intended for multiple strategic purposes:

1. Repayment of existing debt facilities
2. Investments in direct or indirect subsidiaries for project development or expansion
3. Acquisition of infrastructure assets
4. Investment in listed or unlisted debt of infrastructure sector companies
5. Issue expenses

Impact on Unitholding Pattern

The proposed issuance is expected to have a minimal impact on the overall unitholding pattern of IndiGrid Infrastructure Trust. Post-issuance, the public holding is projected to increase slightly from 98.73% to 98.77%, while the sponsor and sponsor group holding will marginally decrease from 1.27% to 1.23%.

Market Implications

This move by IndiGrid Infrastructure Trust demonstrates its commitment to growth and strategic expansion in the infrastructure sector. The diverse range of investors participating in this issuance, including pension funds and insurance companies, suggests strong institutional interest in the trust's future prospects.

Investors and market watchers will be closely monitoring the outcome of the unitholder vote and the subsequent deployment of funds, as it could significantly influence IndiGrid's future growth trajectory and market position in the infrastructure investment space.

As the infrastructure sector continues to be a key focus area for economic development, successful capital raises like this could set a precedent for other infrastructure investment trusts looking to tap into market opportunities.