Anzen India Energy Yield Plus Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Unitholders of Anzen India Energy Yield Plus Trust have approved four key resolutions through postal ballot. First, SEPL Energy Private Limited is exiting as Sponsor and Epic Green Urja Private Limited is being inducted as the new Sponsor. Second, the Trust will acquire 100% equity of Kudgi Transmission Limited in one or more tranches. Third, units will be issued on a preferential basis for consideration other than cash up to ₹1100 crores. Fourth, the unitholding by Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II and their affiliates has been approved. All resolutions passed with overwhelming support - ranging from 99.96% to 100% votes in favor across approximately 77-78% voter turnout.
This represents a significant restructuring of the InvIT with a new sponsor and a fresh acquisition. The ₹1100 crore unit issuance may dilute existing unitholdings. The sponsor change and acquisition could impact the Trust's future earnings and asset base positively if Kudgi Transmission performs well.