Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IndiGrid announced Q3 FY26 results with revenue of ₹8,622 million (up 11.7% YoY) and EBITDA of ₹7,843 million (up 13% YoY). Net Distributable Cash Flow dipped 1.4% YoY to ₹3,283 million due to higher working capital needs. The Board approved a Distribution Per Unit (DPU) of ₹4.00 for the quarter, up 6.7% YoY and in line with the full-year guidance of ₹16.00 per unit; record date is February 17, 2026. The Trust signed definitive agreements to acquire three assets — Gadag Transmission (₹372 crore from ReNew Power), a 125 MW/500 MWh BESS project in UP (₹957 crore), and a ~180 ckms/4,500 MVA ISTS project in MP (₹1,577 crore) — adding over ₹8,000 crore of assets over 24-30 months. It also raised ₹1,500 crore via an institutional placement that was oversubscribed ~2x, reducing leverage to ~56.5% from 61.0%.
Acquisitions and equity raise position IndiGrid for portfolio expansion into battery storage and transmission, with potential upside from a targeted AUM of ₹45,000 crore. Steady DPU growth and on-track full-year guidance should support unit price, though short-term NDCF softness from working capital build-up is a minor watchpoint.