Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IndiGrid Investment Managers has submitted a routine SEBI-mandated compliance statement confirming there has been no deviation in the use of proceeds from its various debt security issuances during the quarter ended June 30, 2025. Across eight series (Z, AA, AB, AC, AD, AE, AF, AG), the trust raised a combined Rs 4,960 crore, of which Rs 4,252 crore was utilized as of June 30, 2025, with the remaining unutilized amounts (notably in Series AF at Rs 397.5 crore and Series AG at Rs 300 crore) confirmed as subsequently fully deployed as per the stated objects. The funds were used for advancing loans to HoldCos/SPVs for capex, refinancing existing debt, or parking in permitted investments. Independent chartered accountant certificates from P. Somani & Co. verifying end-use of funds are attached for each series.
This is a positive, routine compliance disclosure showing disciplined deployment of borrowed funds in line with stated purposes, with no red flags. It is unlikely to move the unit price but reassures debenture holders and unitholders about governance and fund-utilization transparency.