BSEPOWERGRID Infrastructure Investment TrustMediumPositive
Announced Wed, 21 May · 11:33 IST

POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2024-25 is 29/05/2025

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

POWERGRID Infrastructure Investment Trust (PGInvIT) has informed exchanges that the Board of Directors of its Investment Manager (POWERGRID Unchahar Transmission Limited) will meet on May 26, 2025. The Board will consider approving audited standalone and consolidated financial information for the financial year ended March 31, 2025. It will also consider the declaration of distribution to unitholders for the quarter ended March 31, 2025 (Q4 FY25). The record date for the proposed distribution, if declared, has been fixed as Thursday, May 29, 2025. The trading window for designated persons will remain closed until May 28, 2025 and reopen on May 29, 2025.

Likely market impact

This is a routine pre-announcement ahead of the quarterly distribution decision; unitholders on the books as of May 29, 2025 will be eligible for the Q4 FY25 distribution if approved. The actual distribution amount and its impact on yield will only be known after the Board meeting on May 26, 2025.