IndiGrid Infrastructure Trust , a prominent player in India's infrastructure investment landscape, has successfully secured unitholder approval for a significant capital raise through preferential unit issuance. The trust, which focuses on power sector assets, received overwhelming support for its proposal to raise capital up to ₹2,000 crores.

Voting Results

The resolution, which required a special majority approval with at least 60% votes in favor, was passed with an overwhelming majority. Here's a breakdown of the voting results:

Key Highlights

• Total Unitholders: 48,882 as of the cut-off date (November 28, 2025)
• Participation: 333 unitholders, holding 40,95,95,623 units, participated in the remote e-voting process
• Voting Period: December 9, 2025, to December 29, 2025
• Scrutinizer: Mr. B Narasimhan, Practicing Company Secretary
• Capital Raise Amount: Up to ₹2,000 crores (increased from earlier proposal of ₹473.50 crores)

Resolution Details

Implications

The strong approval from unitholders signals confidence in IndiGrid's growth strategy and its ability to create value. This preferential issuance is expected to strengthen the trust's capital base significantly, potentially enabling it to pursue new investment opportunities in the power infrastructure sector. The increased capital raise limit from ₹473.50 crores to ₹2,000 crores demonstrates the trust's ambitious expansion plans.

Compliance and Transparency

The voting process was conducted in compliance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, and other applicable laws. IndiGrid demonstrated its commitment to transparency by appointing an independent scrutinizer and providing detailed voting results across different unitholder categories. The process was facilitated through NSDL's e-voting platform with comprehensive disclosure requirements.

As the infrastructure sector continues to play a crucial role in India's economic growth, this substantial capital raise positions IndiGrid to potentially capitalize on emerging opportunities in the power transmission and distribution space. Investors and market watchers will likely keep a close eye on how IndiGrid deploys this capital and its impact on the trust's future performance and distributions to unitholders.

IndiGrid Infrastructure Trust , a leading infrastructure investment trust, has successfully completed its INR 1,900 crore debt securities issuance with the receipt of the final pay-in amount. The trust recently received INR 190 crore as the third and final installment from debt security holders, completing the full subscription of its Series AH non-convertible debt securities.

Series AH Debt Securities - Complete Structure

The Allotment Committee of IndiGrid Investment Managers Limited initially approved the allotment of 190,000 non-convertible debt securities designated as Series AH. Following the completion of all pay-ins, these securities now feature:

Final Pay-in Completion

On December 23, 2025, IndiGrid Infrastructure Trust received INR 190 crore as the third and final pay-in from debt security holders. This payment was made according to the record date specified in the Key Information Document dated July 28, 2025. Consequently, the paid-up value of Series AH debt securities has been revised from INR 90,000 to the full face value of INR 1,00,000 per security.

Updated Listing Details

Following the final pay-in, the securities have been assigned a new ISIN INE219X07579, reflecting the revised face value. The updated securities are now listed on BSE Limited, with the listing notice available on the BSE website. The trust has informed both BSE and NSE about this change in paid-up value under Regulation 51 of SEBI regulations.

Strategic Debt Portfolio Management

This completion adds to IndiGrid's comprehensive debt portfolio management strategy. The trust has been actively managing multiple series of debt securities:

Market Impact and Future Outlook

The successful completion of this INR 1,900 crore debt securities issuance demonstrates strong investor confidence in IndiGrid Infrastructure Trust. The AAA credit rating and structured pay-in approach have provided investors with flexibility while ensuring the trust's capital requirements are met systematically.

This substantial capital raise positions IndiGrid to pursue growth opportunities in India's infrastructure sector. The long-term nature of these securities, with a 22-year tenure, aligns with the trust's infrastructure investment strategy and provides stable, long-term funding for its operations and expansion plans.