Anzen India Energy Yield Plus Trust has informed the Exchange regarding Full Valuation report subsequent to material development FY ended 2025-26
Awaiting price reaction for this filing.
Anzen India Energy Yield Plus Trust submitted its annual full valuation report for FY2025-26. The independent valuer assessed total fair enterprise value at Rs 74,345 million (Rs 65,627 million for InvIT stake). Standalone NAV per unit increased to Rs 124.78 as of March 31, 2026, from Rs 116.92 a year earlier, representing 6.7% growth. During the year, the Trust acquired a 74% stake in 12 additional solar SPVs from related parties for Rs 12,463 million, expanding its portfolio from 3 to 15 SPVs. The portfolio now includes 3 transmission and 13 solar assets across India. Operational issues were noted at DMTCL (transformer failure in September 2025) and SOUPL (inverter breakdowns), with insurance claims filed. A sponsor change occurred with Epic Green Urja Private Limited replacing SEPL Energy as sponsor effective May 19, 2026.
The NAV appreciation signals underlying asset value growth, supporting unit price. The major acquisition expands the asset base significantly but involves related party transactions. Operational issues at two SPVs are being managed through insurance claims. The sponsor change may indicate restructuring but should not immediately impact distributions.