<b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''> <tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> ....
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust, through its Investment Manager, filed its annual Large Corporate disclosure to BSE and NSE as required under SEBI's Master Circular on debt security issuance by large corporates. In FY 2024-25, the trust undertook incremental borrowing of Rs. 4,035 crore. Of this, the mandatory minimum requirement to be raised via debt securities was Rs. 1,008.75 crore (25% of incremental borrowing). IndiGrid actually raised Rs. 1,850 crore through debt securities, comfortably exceeding the requirement. There was no shortfall carried forward from FY 2023-24, and no penalty is applicable for any previous block period.
This is a routine regulatory compliance filing that actually highlights IndiGrid's strong access to the debt market — it raised nearly 1.8x the mandatory amount via debt securities. No shortfall or penalty means no negative overhang for unitholders.