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 has signed a Securities Purchase Agreement to acquire 100% of Kudgi Transmission Limited (KTL) from three related-party seller AIFs (Infrastructure Yield Plus II, IYP IIA, and India Infrastructure Yield Plus II). KTL operates around 980 circuit km of 400/765 kV double-circuit power transmission lines in Karnataka on a BOOM basis, with annual revenue of about INR 1,962.9 million plus availability-linked incentives under a Transmission Service Agreement that runs until September 2051. The deal is valued at up to INR 11,000 million (about ₹1,100 crore), to be paid partly through a swap of Anzen units and partly in cash. The transaction qualifies as a related-party transaction because the seller AIFs are managed by the holding company of Anzen's investment manager. Completion is subject to unitholder approval and other regulatory clearances, targeted before December 31, 2026.
The acquisition strengthens Anzen's portfolio with a long-tenure, revenue-generating power transmission asset and could support stable future distributions to unitholders, though the related-party nature means unitholder approval and deal terms will be the key near-term checkpoints for the stock/unit price.