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 received unitholder approval for four key items including a change of sponsor (SEPL Energy exits, Epic Green Urja Private Limited joins), acquisition of 100% equity of Kudgi Transmission Limited, and issuance of units on preferential basis for ₹1,100 crores via non-cash consideration. The trust has disclosed the Ultimate Beneficial Owners of the proposed allottees (Infrastructure Yield Plus II, IIA, and India Infrastructure Yield Plus II) as four individuals: Messrs. Ashish Jain, Shravan Agarwal, Sreekumar Chatra, and Abhishek Dixit. Post-acquisition of KTL, there will be refinancing of its debt.
The preferential unit issuance of ₹1,100 crores as consideration for the KTL acquisition could dilute existing unitholdings. The sponsor change and debt refinancing indicate significant restructuring that may impact the trust's risk profile and future distributions.