Anzen India Energy Yield Plus Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Anzen India Energy Yield Plus Trust, a listed Infrastructure Investment Trust (InvIT), has executed a Securities Purchase Agreement to acquire 100% shareholding of SEPL Energy Private Limited from Edelweiss Infrastructure Yield Plus. The deal involves cash consideration of up to INR 250 million. SEPL is currently the project manager for all SPVs of Anzen and will continue in that role post-acquisition. The transaction qualifies as a Related Party Transaction and will be conducted on an arm's length basis. SEPL reported total income of INR 403 million in FY2025, down from INR 729 million in FY23. The acquisition requires unitholder approval for SEPL's cessation as Sponsor.
This acquisition consolidates the project manager entity under the InvIT structure, which should lead to more efficient asset management and potentially reduce related-party costs. Unitholders should benefit from streamlined operations and reduced dependency on external sponsors for project management.