Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust submitted its mandatory quarterly valuation report for Q1 FY2026 (quarter ended 30 June 2025), filed by IndiGrid Investment Managers Limited and signed by Registered Valuer S. Sundararaman. The quarterly review is required because the Trust's Debt-to-AUM ratio stood at 59.10% as of 31 March 2025, above the 49% threshold under SEBI InvIT Regulations. The valuer assessed 43 Special Purpose Vehicles (SPVs) — 22 transmission assets, 18 solar power assets, and 3 battery energy storage system (BESS) assets — using the Discounted Cash Flow method for operational SPVs and Net Asset Value method for under-construction projects. Key transmission SPV valuations include NERTL at ₹58,263 Mn, NRSS-I at ₹43,190 Mn, BDTCL at ₹20,631 Mn, KhTL at ₹17,839 Mn, JTCL at ₹17,365 Mn, OGPTL at ₹14,897 Mn, and GPTL-I at ₹12,263 Mn. The full 223-page report covers methodology, WACC computations, and detailed assumptions.
Provides unitholders with quarterly transparency on the underlying value of IndiGrid's 43 infrastructure assets, with most operational SPVs showing stable valuations. The high debt-to-AUM level means investors should expect continued quarterly (rather than half-yearly) valuation filings going forward.