Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of IndiGrid Investment Managers approved an enabling resolution on October 10, 2025, to raise capital up to INR 1,500 crore. The capital can be raised through multiple modes including rights issue to existing unitholders, preferential issue, institutional placement, or any other permitted method. The fundraise is subject to statutory and regulatory approvals, including SEBI InvIT Regulations. IndiGrid will also seek unitholders' approval through an EGM or postal ballot before proceeding. No specific pricing, timing, or end-use of funds has been disclosed at this stage.
This is a pre-approval step that signals potential equity dilution for existing unitholders depending on the mode finally chosen. The stock may see short-term volatility as details of pricing and structure emerge once unitholders' approval is sought.