Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust, through its Investment Manager, has allotted 1,90,000 senior, secured, listed, rated, redeemable non-convertible debentures (NCDs) under its Series AH issuance on July 31, 2025. Each NCD has a face value of INR 1,00,000 (total face value up to INR 1,900 crores) with a paid-up value of INR 31,500 each, aggregating up to about INR 598.50 crores. The debentures carry a coupon rate of 7.345% per annum payable quarterly, have a 22-year tenure maturing on July 31, 2047, and are rated AAA/Stable by both CRISIL and ICRA. The issuance was done on a private placement basis and the securities are proposed to be listed on BSE.
This is a routine debt-raising announcement and shows IndiGrid's continued ability to raise long-term funds at an attractive rate with top-tier credit ratings, which supports its infrastructure investment plans without diluting unit holders. The headline mentioning 'material issue' appears to be a generic filing tag — the actual document is a debt allotment, not a regulatory or legal matter.