Indus Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of GR Highways Investment Manager Private Limited, acting as the Investment Manager of Indus Infra Trust (formerly Bharat Highways InvIT), approved the issuance of Non-convertible Debt Securities (NCDs) for an amount not exceeding Rs. 225 crore. The issuance will be done on a private placement basis, in one or more tranches, subject to applicable laws and regulatory approvals. This follows the Trust's earlier intimation dated 12th June 2025, and is being carried out under Regulation 23 of the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The coupon rate, yield, and timeline of issuance have not been disclosed in this filing.
The Rs. 225 crore debt raise will increase the Trust's leverage and is likely to fund asset acquisitions, capital expenditure, or refinance existing obligations. The impact on unitholders will depend on the interest cost, purpose of the funds, and the resulting accretion or dilution in distributions.