Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust received unitholder approval through a postal ballot (remote e-voting) for issuing units on a preferential basis worth up to ₹473.50 Crores. The resolution passed with overwhelming support — 99.94% of votes in favor (41.38 crore units), with only 0.06% against (2.62 lakh units). Out of 45,362 total unitholders, 548 participated in the voting, with sponsors and institutional unitholders voting 100% in favor. The postal ballot ran from October 14 to November 3, 2025, and the resolution was declared passed on November 3, 2025.
The approval clears the way for IndiGrid to raise up to ₹473.50 Crores via a preferential unit issuance, likely to fund acquisitions or debt reduction, but existing unitholders may see some dilution. The near-unanimous voting outcome reflects strong institutional and sponsor confidence in the plan.