Betting on power: Insurers line up to invest in PGCIL and IndiGrid InvITs
The first power transmission InvIT of the country, IndiGrid, came out with a public issue of NCDs to raise up to Rs 1,000 crore last week08-05-2021
08-05-2021
India Grid Trust - 540565 - 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.06-05-2021
India Grid Trust - 540565 - Disclosure Of Unit Holding Pattern Of India Grid Trust Post Rights Issue
Pursuant to Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014 read with circular no. CIR/IMD/DF/127/2016 dated November 29, 2016, please find attached Unit holding pattern of India Grid Trust as on April 22, 2021 post Rights Issue issued by KFin Technologies Private Limited, Registrar & Transfer Agent of India Grid Trust.29-04-2021
India Grid Trust - 540565 - Newspaper Advertisement For Early Closure Of Proposed Public Issue (The 'Issue') By India Grid Trust ('Trust' Or The 'Issuer') Of Secured, Rated, Listed, Redeemable, Non-Convertible Debt Securities Of Face Value Of RS. 1,000 Each ('Ncds').
With respect to the proposed public issue (the 'Issue') by India Grid Trust ('IndiGrid' or the 'Issuer') of secured, rated, listed, redeemable, non-convertible debt securities of face value of Rs. 1,000 each ('NCDs') for an amount of ? 100 crores ('Base Issue Size') with an option to retain oversubscription up to Rs. 900 crores aggregating up to 10,000,000 NCDs amounting to Rs. 1,000 crores ('Tranche 1 Issue Limit') ('Tranche 1 Issue') which is within the Shelf Limit and has been offered by way of the Tranche 1 Prospectus dated April 22, 2021 containing inter-alia the terms & conditions of Tranche 1 Issue ('Tranche 1 Prospectus'), which should be read together with the Shelf Prospectus dated April 22, 2021 ('Shelf Prospectus') & the Addendum dated April 26, 2021 ('Addendum'), please find enclosed the copy of the advertisement published by the Issuer today, i.e. April 29, 2021 for early closure of Tranche 1 Issue, in all editions of Business Standard (English & Hindi) and Navshakti (Marathi).29-04-2021
India Grid Trust - 540565 - Public Issue (The 'Issue') By India Grid Trust ('Indigrid' Or The 'Issuer') Of Secured, Rated, Listed, Redeemable, Non-Convertible Debt Securities Of Face Value Of ? 1,000 Each
Please note that as mentioned in the Tranche 1 Prospectus, the Tranche 1 Issue opened for subscription on April 28, 2021 and was scheduled to close at 5:00 PM (Indian Standard Time) on Wednesday May 5, 2021, with an option for early closure or extension by such period as may be decided by the Board of Directors of the Investment Manager (or authorised committee thereof). Please note that the Allotment Committee constituted by the Board of Directors of the Investment Manager on behalf of IndiGrid has, by way of a resolution dated April 28, 2021, approved the early closure of the Tranche 1 Issue on April 30, 2021. Application Forms will be accepted only between 10:00 AM to 3:00 PM (Indian Standard Time) and uploaded until 5:00 PM (Indian Standard Time) or such extended time as may be permitted by BSE & NSE on Friday, April 30, 2021.28-04-2021
India Grid Trust - 540565 - Public Issue (The 'Issue') By India Grid Trust ('Indigrid' Or The 'Issuer') Of Secured, Rated, Listed, Redeemable, Non-Convertible Debt Securities Of Face Value Of ? 1,000 Each
Please note that as mentioned in the Tranche 1 Prospectus, the Tranche 1 Issue opened for subscription on April 28, 2021 and was scheduled to close at 5:00 PM (Indian Standard Time) on Wednesday May 5, 2021, with an option for early closure or extension by such period as may be decided by the Board of Directors of the Investment Manager (or authorised committee thereof). Please note that the Allotment Committee constituted by the Board of Directors of the Investment Manager on behalf of IndiGrid has, by way of a resolution dated April 28, 2021, approved the early closure of the Tranche 1 Issue on April 30, 2021. Application Forms will be accepted only between 10:00 AM to 3:00 PM (Indian Standard Time) and uploaded until 5:00 PM (Indian Standard Time) or such extended time as may be permitted by BSE & NSE on Friday, April 30, 2021.28-04-2021
India Grid Trust - 540565 - Disclosure Received For Purchase Of Units Of India Grid Trust
This is to inform you that the India Grid Trust ('IndiGrid') has received a disclosure from Mr. Harsh Dinesh Shah, the CEO & Whole-time Director of IndiGrid Investment Managers Limited (the Investment Manager of IndiGrid) regarding purchase of IndiGrid units. The disclosure received is attached as an annexure to the letter.28-04-2021
India Grid Trust - 540565 - Disclosure Received For Purchase Of Units Of India Grid Trust
This is to inform you that the India Grid Trust ('IndiGrid') has received a disclosure from IndiGrid Investment Managers Limited (the Investment Manager of IndiGrid) regarding purchase of IndiGrid units. The disclosure received is attached as an annexure to the letter.28-04-2021
India Grid Trust - 540565 - Disclosure Under Regulation 8 Of Securities And Exchange Board Of India (Issue And Listing Of Debt Securities) Regulations, 2008, As Amended ('SEBI ILDS Regulations').
With respect to the proposed public issue by India Grid Trust ('IndiGrid' or the 'Issuer') of secured, rated, listed, redeemable, non-convertible debt securities of face value of ? 1,000 each ('NCDs') for an amount of ? 100 crores ('Base Issue Size') with an option to retain oversubscription up to ? 900 crores aggregating up to 10,000,000 NCDs amounting to ? 1,000 crores ('Tranche 1 Issue Limit') ('Tranche 1 Issue') which is within the Shelf Limit and has been offered by way of the Tranche 1 Prospectus dated April 22, 2021 containing inter-alia terms & conditions of Tranche 1 Issue ('Tranche 1 Prospectus'), which should be read together with the Shelf Prospectus dated April 22, 2021 ('Shelf Prospectus'), please find enclosed the copy of the Statutory advertisement & the addendum notice to the Shelf Prospectus and the Tranche 1 Prospectus issued by IndiGrid ('Addendum Notice') published today, i.e. April 27, 2021 in all editions Business Standard (English & Hindi) & Navshakti (Marathi).28-04-2021
India Grid Trust - 540565 - Credit Rating Of India Grid Trust
Pursuant to Regulation 20, 23 and any other applicable provisions of Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended from time to time read with circular no. CIR/IMD/DF/127/2016 dated November 29, 2016, the CRISIL has reassigned its CCR AAA/Stable rating to India Grid Trust. We enclose rating letter issued by rating agency for your information and record.27-04-2021