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 issue units worth up to ₹473.50 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: 45,362 as of the cut-off date (October 3, 2025)
• Participation: 548 unitholders, holding 41,41,17,566 units, participated in the remote e-voting process
• Voting Period: October 14, 2025, to November 3, 2025
• Scrutinizer: Mr. B Narasimhan, Practicing Company Secretary

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, potentially enabling it to pursue new investment opportunities in the power infrastructure sector.

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.

As the infrastructure sector continues to play a crucial role in India's economic growth, this 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 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.