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 (an InvIT) has issued a postal ballot notice to unitholders seeking approval to reclassify Rs. 66.09 million of unutilized issue proceeds from 'issue expenses' to 'general purposes'. The Trust had raised Rs. 4,012.65 million via an institutional placement of 3.82 crore units at Rs. 105.06 per unit in March 2025, where actual issue expenses came in lower than the Rs. 132 million originally estimated. The main allocation — Rs. 3,852.65 million for acquiring 100% of the Target Asset from ReNew Private Limited — stays unchanged, while general purposes rises from Rs. 28 million to Rs. 94.09 million (still within the 10% regulatory cap). Unitholders on record as of August 14, 2025 can vote via remote e-voting from August 18 to September 12, 2025; related parties are barred from voting on this resolution.
This is a routine housekeeping reclassification with no change to the total proceeds raised or the main acquisition objective, so the impact on unitholders or unit price is expected to be minimal.